9 Sep 2014

Younger interest in financial investing

2:43 pm on 9 September 2014

An increasing number of young people are taking an interest in financial investing.

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Photo: PHOTO NZ

A recent survey by the ANZ Bank indicated the Kiwi Saver was encouraging young people to save for their retirement, with 55 percent of people 24 years and under already saving, and just over 80 percent planning to save.

Speaking at the Shareholders Association's annual meeting last weekend, chief investment officer at Fisher Funds, Mark Brighouse, said young investors are definitely keen to learn more.

"We do a lot of newsletters and webcasts and they all focus on investment issues. We respond to the questions we get from our investors. We are trying to help them understand, and if they understand better they're more likely to stick with an investment strategy over the long-term."

The Shareholders Association plans to hold a special event for young investors in Auckland, later this year.