Seven in ten investors now ask AI before they invest: study

Half of advised investors say they are very confident about funding their retirement, compared with 14 percent among those who have never accessed advice.

Across all investors, only 23 percent feel very confident of achieving long-term financial security, down from 26 percent a year earlier.

Seventy percent of investors who describe themselves as experts failed to answer three basic financial literacy questions correctly.

One in four retail investors consider themselves beginners.

High-net-worth investors, the most confident group, recorded the lowest literacy rates, with 36 percent answering all three questions correctly.

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