Moneyspider in the News
05/11/2007
Older investors are doing it on the
web
Mature Times
The nation's silver surfers are now
a force to be reckoned with, as techno-savvy older people increasingly
take control of their own financial destiny, according to investment
comparison website Moneyspider.com
Over half of the 5.25 million UK silver
surfers are now researching their financial and investment options through
sites like Moneyspider.com. And the data research company predicts
that this figure will rise sharply over the next few years as more people
gain access to the internet - and grow in confidence in using it for
a wider range of purposes.
35% of the 15 million people aged 55
and over are using the net on a weekly basis, according to the Office
of National, 2007. And internet banking, financial product comparison
tools and information on funds, shares and savings are at the top of
the surfing list of the senior citizens who own over two-thirds of the
nation's personal wealth.
Moneyspider.com, which compares
the performance of all 2,000+ investment funds and provides unique fund
ratings and sector comparison tools, is updated daily and is proving
a popular website with over-55s internet users.
'Many of our members have the time
to keep a much closer eye on their investments' performance and ratings,'
says Moneyspider Director Tony Ahearne. 'In fact, many of our
older members check their funds on a daily basis.'
The Moneyspider Rating site measures
the performance of each individual fund over one, three and five years
against all fund, other funds in the same sector, the movement of the
FTSE 100 and how cash invested in a high interest account would have
fared.
|
