Simon Lambert

It's our sports better because when you lose that, you do lose all your money.

And so there isn't a you don't lose all your money.

But then there's also a lot of talk about what do we do about the risk warnings and stuff.

It's like the capital at risk.

Right.

I was asked about this at an event this week.

What do we do about this capital at risk thing that you have to put on all this investment stuff?

And it's like, well, firstly, my reply was, I don't think that 80% of people even understand what capital at risk means.

Because the question I was asked is, should we not be putting their cash at risk?

You know, your cash is at risk of falling behind inflation.

And I said, yeah, maybe we should.

Maybe we do need to get a message across like that.

But I don't think that the capital at risk thing, you know, I think most people don't even understand it.

I think people are turned off by some of this stuff and we need to start kind of turning them onto it.

And the way that you do that.

is by trying to advocate for investing over the long term to make more of your money.

And I think the thing is, is this isn't a big, big bang event, right?

This is not the squirrel comes out on Thursday, on Friday, everyone's all in on the stock market.

um kind of thing and that's not the intention here it's a sowing the seeds it's a getting people to change their behavior and we can change people's behavior as we've shown with auto enrollment with pensions but that has involved signing people up to a pension then they have to opt out of it can can we achieve anything near that with like personal investing i don't know like watch this space

There are really difficult judgments to be made, Andrew Bailey told the BBC.