A new survey has found that  34% of advised clients become less cautious about investment risk following a discussion with their adviser, compared to just 16% who become more cautious.

A large number of ‘baby boomers’ - those aged 55-73 - have little appetite for investment risk and 39%  have ‘zero’ willingness to take a risk with their money, according to a survey.

A major global investment survey of millennials (generally seen as those aged 16-36) around the world has found that they have high investment return expectations but are conservative in their approach and considerably “short-term minded.”