Younger investors more upbeat: survey

Younger investors more upbeat: survey

— 1 minute read

Investors in the wealth accumulation stage are more likely to be optimistic about the future than those aged over 60, according to a new survey.

The annual Australian Unity Financial Advice Satisfaction Index surveyed 400 investors about their attitudes towards financial planners, including perceptions of trust, reliability, technical ability and investment performance.

In a statement yesterday, Australian Unity said the research found that while wealthier investors aged over 60 are worried about the future of their investments, new investors are engaging more with financial advisers and benefiting from the recent positive results from the capital markets.


Australian Unity Wealth general manager for life and super Matt Walsh said the findings confirmed the need for advisers to remain vigilant in communicating with investors with varying needs and expectations, while ensuring their different concerns are addressed.

“The financial advice industry needs to consider how to reassure older investors and how their portfolios may need to be adjusted, to ensure these investors are prepared for future market conditions,” Mr Walsh said.

“Newer investors, meanwhile, who have recently started taking investment advice, have positive perceptions regarding their investments; a result that we believe in part reflects the advantage of taking professional financial advice, and in part the recent positive results from the capital markets.”

The index also showed an increase in client satisfaction towards advisers in the areas of “performance” as well as “trust and reliability”, however the perception of advisers’ “technical abilities” decreased, the statement said.

The Financial Advice Satisfaction Index is compiled based on the findings of a survey of approximately 400 respondents.

Read more:

Market liquidity conditions 'significantly changed'

Super funds chalk up losses in October

Trump can't negate 'deflationary pressures'

CommSec fined $200,000 by ASIC

US fiscal stimulus only a short-term fix


Younger investors more upbeat: survey
investordaily image
ID logo

related articles

  • Major banks update home lending policy

    Two of the big four banks have updated their home loan serviceability assessment policy in response to APRA’s regulatory amendments. ...

  • Aus ETFs surpass $50bn

    The Australian exchange-traded fund industry has overtaken the $50-billion milestone, according to the newly published report by BetaShares....

  • Banking reputation at rock bottom

    One chief executive has said that the reputation of bankers was at rock bottom and hoped that it would not get any worse. ...

promoted stories

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.