A new survey has found that almost 50% of people hold their savings in deposit accounts, preferring the security of a bank or building society to investing.
With interest rates still at an all-time low, and well below the rate of inflation, holding so much capital in deposit accounts could be a costly mistake for many savers.
The survey of 2,000 people, conducted by True Potential found that:
Only 11% of people invest their spare capital in stocks and shares
More men, 14%, ...