UK investors lack confidence with money as survey reveals gender gap

Fewer than half of British people describe themselves as confident investors. A survey reports 44% overall confidence, rising to 57% among men and falling to 31% among women. Many respondents believe some people are “born investors” rather than developing investing skills over time. Nearly a third began investing later in life due to personal interest and curiosity. Over two-fifths want to change past investment management decisions, and 23% admit to choices they now regret. Only 21% say family encouraged them to invest when young. Two-thirds express interest in changing their attitude toward investing.

"Fewer than half of British people consider themselves confident investors, with a significant gender disparity revealed in a new survey. Just 44 per cent of people describe themselves as assured in their investment decisions, a figure that jumps to 57 per cent among men but plummets to a mere 31 per cent for women, according to findings from Aviva."

"The study also highlighted a common perception, with six in ten (61 per cent) believing that some individuals are "born investors" rather than developing the skill over time. Interestingly, nearly a third (32 per cent) of investors surveyed only ventured into the market later in life, driven by personal interest and curiosity."

"Furthermore, over two-fifths (42 per cent) expressed a desire to alter past investment management decisions if given the chance, while 23 per cent admitted to making choices they now regret. Only a fifth (21 per cent) reported being encouraged by family members to consider investing from a young age."

"Two-thirds (66 per cent) of people surveyed said they are interested in changing their attitude towards investing a"

Read at www.independent.co.uk