HomeBankingFreetrade: Launches 'The Great British Financial Literacy Test'

Freetrade: Launches ‘The Great British Financial Literacy Test’

Date:

CBDC Pilot Projects Seeing Adoption in Ghana and Thailand – Giesecke+Devrient Reports

Giesecke+Devrient highlights how Ghana and Thailand are advancing central...

The Payments Association Calls for More LGBTQIA+ Diversity in Payments Industry

New report urges financial organizations to champion inclusion and...

Adyen Grows Partner Programme to Accelerate Global Payments Innovation

Adyen expands its partner ecosystem, empowering more platforms and...
  • Freetrade an app that makes investing simple, and free the award-winning app voted Best Share Trading Platform 
  • Investment app Freetrade created the Great British Financial Literacy Test—18 questions about savings, investment
  • The pass rates for questions about investment were the second-lowest at 44%
  • Equally as alarming as the low pass rates across the UK were people’s lack of confidence around aspects of personal finance
  • An overwhelming majority of respondents (91%) told Freetrade they lack confidence in the investment
  • The second most common answer social media with 16% of Brits saying they get financial education from platforms like Instagram
Exit mobile version