Bad Financial Advice
A survey undertaken for Scotiabank and released today by Maru Public Opinion finds that for the vast majority (81%) of Canadians, the financial world feels more confusing and complex than it did five years ago, and three-quarters (77%) say the accelerated pace of change only adds to feelings of uncertainty. Despite this, as many (77%) feel well-equipped to make personal finance and investing decisions—with notable areas of exception, including real estate, digital investing, and blockchain technologies like cryptocurrencies and non-fungible tokens (NFTs) that leave most people feeling clueless.