Future of Finance Carli, Emma & Paula.

The Importance of Investing for the Younger Generation There is not a lot of appeal for younger people to invest in the UK Financial Sector. However, as we are the future of finance we have a plan to change that. Throughout this slide show we are planning to identify the issues and give our input as part of the younger generation. This information will highlight how beneficial investments could be to themselves and the economy.

The Issues

Why young people don`t invest We feel growing up in a time of the financial crisis had a massive impact on the younger generations trust for the UK financial sector. For us until we had taken our course in finance and learned the ins and outs we wouldn’t have trusted our money being invested. The generation growing up at this time may have fears of the financial sector and of investment as a whole. A lack of knowledge about regulation and factors that are in place to protect the consumer deter young investors.

One in Three One in three millennials invest into the stock market. This is mainly due to the fear of investing according to many sources which state this.

Our Solution Social media and Information

The Figures As shown above the number of people who use social media is always increasing and with around 370 million people using these sites it would be a shame to miss out.

The Future of Finance Our idea is to create an online social network which will attract young adults by having information on ways to invest. It will be broken down in a simpler less formal manner, which will be easier to understand. This can include personal experiences of other young people who have invested to help grow the confidence of possible young investors.

Social Networking Platform Would allow people to meet other young people which have similar interests. Which gives it a more personal feel rather than just threw a computer. Good source of communication for students to share their knowledge. Online platform which allows young people to see investment opportunities all in the one place. To prevent confusion. Social Networking Platform

Complete simple risk assessment. Online platform which allows young people to see investment opportunities all in the one place. To prevent confusion. Can be grouped depending on risk level and types of investments. Can even create groups that can pull their funds together which will allow younger people to invest without paying out one large lump sum.assessment which will link you to the other groups of people on the same risk level or type of investments they wish The statement above highlights that the younger generation are more likely to turn to social media when trying to invest.

What F&C could do F&C, and those on the social networking site, could keep it updated with videos and information on these investments. Set up so that young people could use paypal or debit or credit card transactions. Advertisement on site could be tailored using cookies to allow possible investors to see what they have been looking at on the internet to make them want to invest to allow them to possibly gain the funds to purchase these products or services.

Spreading Awareness of Investing. Provide pamphlets Sponsor Assign a mentor from F&C to attend colleges and universities to educate young adults on ways to invest Hold an event

Benefits to the Economy A consistent and controllable way to grow an economy is through improved capital goods structure and growing capital stock, which is where capital investment comes in. As explained only 1 in 3 young people invest, therefore there is huge missed market that could hugely benefit the UK economy and possibly improve the lives of the younger generation. Using social media is a great way to pull the younger generation in and show them the benefits of investing to not only them but their country.

We would like to thank you for the opportunity to provide our input We would like to thank you for the opportunity to provide our input. As we are part of the younger generation and are currently studying finance we personally would like to see growth in young investors and hope there are more platforms like this in the future to allow this to happen.