Opening a savings account or bank deposit is currently the most popular method of saving and investing among Russians. This was demonstrated by the results of the first study on the index of saving and investment activity of the population in Russia, conducted by the PSB together with the Research Institute of the Russian Ministry of Finance and the NAFI analytical center. The results of the pilot measurement XXVI St. Presented at the St. Petersburg International Economic Forum.
The Index of Russian Savings and Investments (ISIAR) determines the level of participation of the population in the field of saving and investment and their readiness to do them in the future. As part of the pilot survey, three sub-indices were studied: investment and savings literacy, trust in savings and investment market players, and the savings and investment market development prospects together give an idea. the level of development of the investment sector as a whole.
According to the data presented, the current indexes of the index are 54 points out of 100, which indicates clear opportunities for Russians to increase the level of investment and savings activity.
“The first study within the framework of the investment index demonstrated the need for society for advisory and educational services that would allow our citizens not only to navigate investment products, but also to rationally manage their funds by choosing the right savings tools,” Senior said. Vice President, PSB External Communications Director Vera Podguzova.
According to the survey, one in four residents of Russia (25%) has a low level of saving and investment activity: they save rarely or not at all, and they are not interested in and understand investments. Every third (32%) is characterized by a below-average level. This is the largest group among its representatives in which attitudes towards savings are common, but there is still no interest in investment instruments. A quarter (25%) of the population shows an average level of saving and investment activity.
In general, Russians focus on short-term planning in financial matters. Two-thirds (64%) of Russians believe that now is a bad time for long-term, financial investments of more than one year. One in five (21%) rate it as good. Optimists are dominated by those who save money first and then spend the rest, and investment vehicle owners. Women have a rather pessimistic view of long-term investments.
Source: Gazeta
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