Consumers, Saving and Investing - UK - January 2019

Consumers, Saving and Investing - UK - January 2019

“Savers who set savings goals are much more likely to remain engaged and also to build savings and investments of significant value. Open Banking platforms and app-based savings providers offer a new approach to saving, with a variety of savings tools which hold strong appeal for Millennials. Incumbent providers looking to serve this group will need to decide whether to develop their own services or to provide access to third party providers through their own platforms.”

– Douglas Kitchen, Financial Services Analyst

This report looks at the following areas:

Scope to extend reach of budgeting services to boost customer engagement
Automated advice services will soon be the norm, but inexperienced investors need convincing

TOC available on request

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