Industry welcomes FCA warning to new investors but cautions need for balance

Renewed calls for financial education in schools

The Financial Conduct Authority's (FCA) caution to inexperienced investors has largely been welcomed by the financial industry, but many commentators argue the "right balance" needs to be struck.

While Moira O'Neill, head of personal finance at interactive investor, described young investors being led by TikTok as "horrifying", she also noted that younger investors have greater investment trust exposure than older investors on their platform and it would be premature to "draw sweeping conclusions about younger investors". FCA warns of risks facing new generation of DIY investors "Stockmarket opportunists have always been around - and too many speculative investors get their fingers burned time and again. The trouble is, if you talk to them alone, and fail to look at the bigger...