With mounting student debt, rising living costs and the struggle to save a house deposit, many millennials are shunning the investment market.
The generation that reached adulthood in the thick of the financial crisis is also wary of stock markets.
Those aged 18 to 24 have been deterred from investing thanks to the 2008 banking crisis, according to Gallup, a polling firm. It found that less than 40pc of the age group invest today, compared with 52pc in 2007.
Understanding of pensions and other financial areas was lower among 18 to 24 year-olds than those aged 35 and over, according to figures from insurance company Aviva.
But not all are so cautious. For those that do invest their money, what made them get into the markets and how did they learn their skills? Read this interesting from the Daily Telegraph.
Having done so, if you would like to discuss your investment and pension options without obligation, call Mark Fryer at Fryer Glass on 01276 301103 or email [email protected]