Brits lack investment knowledge

Over half of Britons do not have financial goals, while of those that do nearly two thirds do not have a plan in place to reach them, according to a survey released this morning. Natixis Global Asset Management found that 54 per cent of UK investors admitted they had not set themselves financial goals, with three in four (79 per cent) investors say they lack strong investment knowledge and 75 per cent choosing to rely on “gut instinct” when making investment decisions.