Bringing you live news and features since 2006 

Savings

UK consumer savers and investors have GBP4trn invested and close to GBP200 billion saved report says

The “Consumer Savers and Investors Market Report 2022” report considers the market for consumer savings and investments, with a central focus on the types of savings and investment products consumers own, how much they are saving and investing and the environmental framework in which savings and investments are made. It looks at the size and structure of the market, recent trends and the future.

The report finds that at the end of September 2021, UK households collectively held over GBP4 trillion in non-pension financial assets, with their accumulated wealth having risen by around 5 per cent between December 2020 and September 2021.

In 2020, consumers invested net just under GBP200 billion into financial assets (excluding pension and non-life insurances). Net new investment rose significantly over 2019 as the COVID-19 lockdowns caused consumers to save more and invest more.

The publisher expects investment in 2021 to remain high by the standards of recent years but to fall back compared with 2020, as the UK economy opened up and consumer spending increased. In 2021 and 2020, consumers invested more money into financial assets compared with real assets (e.g., housing). This is in sharp contrast to previous years. The COVID-19 lockdowns and its impact on the housing market explains this.

While almost all consumers own at least one type of savings or current account product (including national savings products), only around one-third own any investment product (like shares or an investment fund). Most households in the UK have relatively modest amounts of net financial wealth, with wealth very unevenly distributed.

.
 

Latest News

Morgan Stanley Investment Management has announced the launch of an ETF platform with the listing of six Calvert ETFs on..
The UK's HM Treasury has published a note saying that the government will set out ambitious plans to ‘robustly regulate..
Digital asset manager CoinShares has announced that CoinShares Digital Securities Limited, the wholly owned subsidiary and Issuer of the CoinShares..
European white labeller HANetf reports that delighted to announce that Sprott Uranium Miners UCITS ETF (URNM) has now passed the..

Related Articles

ETF
We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Bitcoin
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Captain
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Mackenzie
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by