m2btj
Member of DD Central
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Post by m2btj on Oct 20, 2017 8:28:52 GMT
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mosaic
Member of DD Central
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Post by mosaic on Oct 20, 2017 9:47:16 GMT
From the article
“The data gathered will be invaluable in helping the FCA prioritise our work.
“We also hope that the research will provide valuable insight for other organisations focusing on consumers and finance.”
P2p will be low priority for the FCA. Kinda opens up the field for the professional fraudster.
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starfished
Member of DD Central
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Post by starfished on Oct 20, 2017 21:27:23 GMT
This surprised me "The product was most popular among 35 to 44-year-olds, accounting for 26 per cent of investors, followed by 25 to 34-year-olds accounting for 17 per cent. The younger age bracket of 18 to 24, as well as the 65 to 74 cohort, accounted for just 10 per cent each."
At nearly 40 I usually feel very young (and very poor) on these boards. Made me wonder on how the survey was performed.
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Investor
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Post by Investor on Oct 21, 2017 13:49:06 GMT
This surprised me " The product was most popular among 35 to 44-year-olds, accounting for 26 per cent of investors, followed by 25 to 34-year-olds accounting for 17 per cent. The younger age bracket of 18 to 24, as well as the 65 to 74 cohort, accounted for just 10 per cent each." At nearly 40 I usually feel very young (and very poor) on these boards. Made me wonder on how the survey was performed. Would suggest that statistically the survey would not have been performed particularly well. 18-24 10% 25-34 17% 35-44 26% 45-54 ??% 55-64 ??% 67-74 10% As the survey tells us that 35-44 is the highest at 26%, and 25-34 the second highest at 17%, then the next highest category must be 16% or lower. Given that we have 37% unknowns left to fill in and only two slots left to fill, it looks like the survey might be slightly off. Of course there could be a massive take up in the 75+ bracket but this would surely have been mentioned. And don't even get me stated on how you can compare the percentages of the 18-24 (7 year group) subset, with all the others that contain data from groups with a 43% higher data set (10 years). "There are lies, damn lies and statistics" Mark Twain c1906
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