Recession worry over investments

Thu, 20 Mar 2008

The credit crunch and stock market upheavals continue to worry those with investments, a new survey has found.

Research by the Association of Investment Companies found that 37 per cent of investors think a recession is the biggest threat to their finances with a further 26 per cent concerned about a stock market crash.

Annabel Brodie-Smith, communications director for the firm, suggest that those worried about the future of their investments might want to take advantage of their individual savings account (Isa) allowance as an alternative.

She said: "It's hard to predict it's going to be a busy ISA season with the recent doom and gloom but the research indicates that active investors do not want to miss out on using their ISA tax allowance.

"In contrast the general public are still missing out on ISA tax breaks and for them cash Isas remain king."

On Tuesday, figures released by Barclays Stockbrokers showed that people were continuing to make investments despite market volatility.
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UK Investments - Financial, Property & Other Investments - 1998-2008

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