The need to shrink the global investing gap is increasingly urgent due to ageing populations, deteriorating public finances and the shift to defined-contribution retirement schemes.
Yet policymakers face complex challenges in designing retail investment systems that foster strong long-term investor outcomes and robust capital markets.
This research paper builds on Vanguard’s decades of research and experience to offer a set of measures intended to support policymakers’ informed decision-making.
By encouraging individuals to invest, we can drive greater financial security for millions of people and build more resilient retail investment systems.
Core components of a successful retail investment system
Globally there is a vast pool of cash savings – an estimated $51.7 trillion – but too few people put these savings to work in the financial markets. Our research outlines eight policy recommendations to encourage individuals to invest.
