Almost a quarter of UK stock market investors are failing to ever check the performance of their stocks and shares, research from Prudential has revealed.
The study also found that of the 17 million people who have invested in the stock market over the past 10 years, more than half only check share performance every six months, or even less often.
When it comes to financial advice on where is best to invest it seems that the majority of UK adults are doing it for themselves, with 65 per cent saying they rely on internet searches or media reports when it comes to selecting stocks and shares.
In fact, the research found that just 16 per cent of stock market investors sought the help of an independent financial adviser, while a further four per cent consulted a stockbroker.
Commenting, Trevor Cheal, retirement savings business director at Prudential said: "While not everyone is fortunate enough to have spare funds to save or invest, many people do and it is staggering how few are seeking financial advice or looking to capitalise on the growth potential that the stock market has historically offered.
"Those who invest in the stock market have taken the first important step towards benefiting from the long-term growth of the economy, but they stand a greater chance of maximising its value if they re-evaluate their investment arrangements regularly."
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