Financial News

• Brown dismisses housing crisis fears (09 04 2008 10:15)
• Mortgage hope offered by bank (09 04 2008 10:15)
• Consumer morale 'falls again' (09 04 2008 10:15)
• Bristol & West withdraws deals (09 04 2008 10:15)
• Retirees feel 'unhappy due to no longer working' (09 04 2008 10:15)
• Severn Trent to be fined £36m (08 04 2008 04:15)
• Brown to announce first time buyers help (08 04 2008 04:15)
• UK bank details 'for sale by thieves' (08 04 2008 04:15)
• Last 100% mortgage to disappear (08 04 2008 04:15)
• High earners 'shut out of market' (08 04 2008 04:15)

Subscribe!

Brits 'looking to invest in markets'

The turbulence on the global stock markets might have led to nervous lenders making high street mortgages and personal loans harder to come by.

However, some savvy consumers are taking advantage of the crisis - by dabbling in shares investment.

According to a new study from Abbey, 6.6 million Britons are mulling over whether or not to put money into equities, along with the 15 million who have already dabbled in the markets.

The research also revealed that 56 per cent of poll respondents would be "more likely" to invest in the markets if they had a guarantee of financial protection against falling markets.

However, just 44 per cent were aware that such products were already on offer from several financial firms.

Reza Attar-Zadeh, director of savings and investments at Abbey, said: "Guaranteed investments offer the potential for higher returns based on stock market growth, but also provide capital protection against a further market downturn."

He added: "We believe [they are] a great way to maximise tax free savings allowances and gain access to potentially high stock market returns."

Send this article to: