“Our research shows that many individuals could make their savings work more effectively – provided they have access to education, support and good products,” explains Roger Bootz.
Vanguard offers a series of ambitious retail reforms, aimed at strengthening the financial security of millions of people. In a new report entitled “Core Components of A Successful Retail Investment System”, data estimate that significant amounts – at least $ 2100 billion – currently sleep in the form of excess savings in the main OECD countries.
The study suggests that many people could improve their long -term financial prospects by investing in the financial markets – provided you benefit from accessible and consumer investment systems.
Based on decades of experience in investment management for more than 50 million customers worldwide, Vanguard identifies in this report measures that political authorities and regulators could implement to encourage more individuals to become investors.
Study results
The study highlights a clear global trend: despite a savings estimated at $ 51,700 billion in households in OECD countries, too few individuals take advantage of the financial markets. It also estimates that if households in the most populous countries in the OECD reaffacked 10% of their surplus savings in investment, capital markets could grow by $ 2100 billion.
This underinvestment is all the more striking in the current context – demographic aging, pressures on public finances and transition to retirement plans with defined contributions force individuals to take more in hand their financial future.
Chris McISAAC, head of international at Vanguard, comments: “Helping individuals to build capital for their future has never been so crucial. Our research shows that even modest behavioral developments, supported by pragmatic measures, could improve the financial prospects of millions of people. This report is an opportunity for dialogue with international decision -makers, in order to meet the complex challenge that represents the construction of beneficial retail investment systems, both for individuals and for markets. ”
The report insists that no unique measure will be enough and encourage the public authorities to identify the levers most suited to their own market. These recommendations are part of Vanguard’s broader commitment, aimed at removing obstacles to investment, such as lack of confidence, low financial culture and the fear of losing.
Among the tracks mentioned:
- Help savers to become investors through the design of a targeted system;
- Provide advice, support and orientation to clarify decision -making;
- Guarantee fair conditions thanks to transparent and low cost investment options.
Roger Bootz, head of Switzerland and Liechtenstein at Vanguard, adds: “Our consumer -centered approach aims to bring down the barriers that slow the investment. Our research shows that many individuals could make their savings work more effectively – provided they have access to education, support and good products. We look forward to collaborating with decision -makers to implement these reforms. ”
Le rapport complet «Core Components of a Successful Retail Investment System» est disponible ici.