Octopus Money CEO: Cash ISA saving can be ‘over-comforting’
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Octopus Money CEO: Cash ISA saving can be ‘over-comforting’
Saving into cash ISAs can lead investors to become “over-comforted” with their financial situation, despite likely better choices, the CEO of Octopus Money has said. Speaking to City AM, Ruth Handcock argued that the fact that 92 per cent of Brits do not receive financial advice was “the biggest unsolved problem in financial services”. “It feels very strange that we operate in a world where if you’re already wealthy, you can get access to help, …
·London, United Kingdom
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