Survey findings reveal 40% of people who choose not to invest make this decision because they simply don’t know how. Roughly 70% of all respondents would be more likely to invest, or invest more, with expanded financial education.
The study finds addressing gaps in financial literacy, as well as improving tailored advice and product awareness, can improve market participation and investment behaviour.
Among those surveyed globally, those investing are skewing younger, with as many as 70% under 45. Most are also primarily looking to build long-term financial security through their investments.
New research from the World Economic Forum finds that 40% of non-investors have chosen not to invest because they do not know how or find it too confusing. Furthermore, roughly 70% of people would be more likely to invest, or invest more, with expanded financial education