Saga’s survey sought the verdict from 8402 over 50s regarding the future performance of the FTSE 100 index, with 28% indicating a belief that it will rise.
Just 12% thought the FTSE 100 will be lower this time next year, and 36% predicted it will maintain its current level approximately.
A further conclusion from the survey was that men were generally more optimistic than women with regards to the future outlook of the FTSE 100.
Roger Ramsden, Chief Executive, Saga Services commented: “Whether you’re a man or woman, young or old, living in the South or North; people should make sure their money is working as hard as possible for them. Research is key to making sure your money is in the right place at the right time, whether that’s shopping around for the best saving rates or investing wisely in the stock market.”