Rather than a constant diet of inevitable cautionary tales in the newspaper money sections, Darius McDermott argues readers also need general financial education and an emphasis on the huge difference investing can make to returns over time
Occasionally, I skim through a major newspaper's money section and cannot help but worry that anyone reading it may be convinced never to invest again. Coverage of issues such as FCA probes, dishonest wealth managers and savings scams sometimes seems so prevalent, it is no wonder our industry struggles to build trust with consumers. It goes without saying it is incredibly important to bring people's attention to malpractice and to warn them of what to look out for. What is less useful, however, is putting people off investing altogether. We are all living longer and being forced to take ...
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