Brits splitting investment, says survey
www.moneynews.co.uk > General finance > Brits splitting investment, says survey
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Money News |
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Brits splitting investment, says survey
Fri 20th Mar 2009
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Fairinvestment.co.uk, which conducted the poll, found that 57 per cent of people are splitting their investment between more than one savings product, for example dividing their money between cash ISAs and stocks and shares ISAs.
The poll showed that 25 per cent of savers have split their deposits in two, 13 per cent have split them three ways and eight per cent have divided them between four separate products.
Sharon Bratley, chartered financial planner for the website, said: "Investing in different types of assets, for example, equities, corporate bonds or gilts, property and cash can diversify investments and reduce the level of risk overall."
With interest rates currently low, investing funds in a variety of savings products could also help customers maximise their returns.
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