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Isa investors not looking long term, says Charcol

The vast majority of investors lack a long term perspective towards their Isa investment, according to research commissioned by Charcol.

The researchcarried out by Market Minder, shows 72 per cent of investors were not looking at their Isa as a long term investment.

Charcol marketing director Candice Hodgson says: “It is worrying to see that so few Isa investors are taking a long term vew. Stockmarket investment is not a short term sport and whilst the volatility of last year will have unsettled some investors, history has shown they need to sit tight and gain from lng term stockmarket rises.”

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Philip Williamson

Lives: Haywards Heath, Sussex.Born: December 11, 1947.Age: 54Education and qualifications: Caldy Grange School, Wirral; degree in economics from Newcastle University.Career to date: Lloyds Bank 1970/88; UK Land director 1988/91; Nationwide 1991 to date, promoted to divisional director in 1994, appointed to board in 1996, chief executive since January 2002.Career ambition: Achieved. “Happy to retire in […]

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