ABSTRACT
Investors in the retail sector are separately regulated from those in the wholesale sector, because they are assumed to be lay rather than professional. Investors have grown used to increasingly stringent consumer legislation which has provided them with inalienable and readily exercisable rights, backed by a vigorous media. There is research on investors in retail financial services products, and what there is has almost entirely been undertaken as limited public opinion surveys by the product providers. The role of parents, grandparents and siblings may at times be significant, and attitudes to money, investment and financial security are embedded in family and occupational experience, including values and attitudes imbued by upbringing. The wider implications are the substantial lack of a developed cultural place for personal investment in British societies. The objects of the centre are to raise public knowledge and understanding of personal finance and investment, produce independent teaching resources, and to provide support for the delivery of personal finance education.
