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UK adults hold the smallest percentage of wealth in investments of all G7 countries
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According to abrdn's Tell Sid and tell him again report, only 8% of wealth held by UK adults is in equities and mutual funds, four times lower than in the US, excluding pensions (33%). Instead, a vast amount of wealth held by adults in the UK is tilted towards property and cash compared to other G7 countries, with half of personal wealth tied up in housing, slightly below Germany's 57% and France's 52%. Lack of clarity keeps retail investors from getting on board with SDR labels According to the report, the UK ranked third among the G7 countries with the highest proportion of ...
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