Half of 18 to 24-year-olds believe they have become more risk-averse when making financial or investment decisions since the start of the pandemic, according to a survey.

FJP Investment found 52 per cent of the youngest investors polled said they were more risk-averse, compared with 39 per cent of 35 to 54-year-olds, and 44 per cent of those aged 55 or older.

Half of 18 to 34-year-olds said they had paused on making any major financial or investment decisions in the past 12 months, with 37 per cent of 35 to 54-year-olds and 41 per cent of over 55s agreeing.

The survey was carried out by Opinium on behalf of FJP Investment between April 27 and May 17, and questioned 2,000 UK adults.

When broken down by gender, 46 per cent of women said they had become more risk-averse in the past year, compared with 43 per cent of men.

Jamie Johnson, chief executive of FJP Investment, said: “In the midst of the pandemic, it is clear that a prevailing sentiment of risk…

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