A new, younger, more diverse group of consumers are getting involved in higher risk investments, the Financial Conduct Authority (FCA) has said.
However, these higher risk products may not be suitable for these consumers’ needs, as 59 percent said a significant investment loss would have a fundamental impact on their current or future lifestyle.
The FCA’s research, conducted by BritainThinks, surveyed 517 self-directed investors between August and January.
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