Helen Crane

That's probably not for me.

And so I think it really is, you know, an advert from the government isn't going to actually educate people on the sort of benefits and risks of investing, is it?

It's just going to be a...

here's a squirrel, put some money in a stocks and shares ISA.

So I think it's kind of got to go a bit deeper than that.

The other thing that's interesting is that we've got this new targeted support stuff coming in, I think, next month, which is new rules about how banks can kind of promote, well, not promote, can advise people on what they should do with their money has changed slightly.

So it's kind of aimed at people who...

might take financial advice, but probably think they can't afford to take financial advice.

So it essentially means that your bank or another sort of financial firm, maybe an investment firm can say to you, not this is what you should do with your money.

But this is what people who are in a similar situation as you have done with their money.

So say there's someone sitting there with tons of money in a cash savings account, their bank would now be able to say,

other people who are in a similar situation to you have thought about investing.

And it just kind of puts that seed into people's heads.

Now that you know, there's there's obviously a huge benefit for banks from that in that they can get more money from you if they sign you up to an investing account that obviously charges fees.

So

You know, they're obviously quite pleased about it.

But I think maybe kind of putting that seed into people's head is something that could be useful.

You know, if you do see one of those recommendations, then obviously check that your bank is the best person to take that service on with.

They're often not when it comes to investing accounts.

So do do kind of shop around if it's something you're thinking of getting into.