A call has been made by the Association of Private Client Investment Managers and Stockbrokers saying that the Government must do more to encourage people back to investment.
The call said that for too long the blame is being laid upon advisers and market makers rather than others.
Our view
A valid point that we have been calling on for years. Education is key. Most people now have too many bad habits. They will not save properly - and to be fair why should they.
If you have more than "two halfpennies to rub together" when you are older you end up paying for all your care needs and get little assistance form the State. Yet, save nothing and the State pays for you. What sort of message is this.
See our Money Clinic Article of SKI-ing - Spending the Kids Inheritance!
Education and a benefits system that does not penalise sensible people is the way forward.