Vanguard survey

P933alilli

   Ive had this e mail from vanguard and wondered if its useful or would it just end up as being something offered that involves paying more?

Dear ,

We recently sent you an invitation to take part in a survey to tell us more about how you invest. Just in case you missed it, there’s still time to take part.

We’d like to get to know you a bit better. Are you happy picking your own investments? Or would you like someone to do it for you? We’d love to get your thoughts on these questions, and a few more, in a short survey. We have partnered with Kantar, a leading research agency, to help us better understand savers and investors in the UK.

Why we’re keen to understand you better Since Vanguard Personal Investor launched in the UK over five years ago we’ve already grown to nearly half a million clients. Thank you for being one of them! As we look to the next five years we want to do even better in helping our investors to achieve investment success. And key to that is learning more about our clients — including you.

We’ll use your survey answers, along with the information we already know about you, to get a complete picture of you as an investor. This will help us better understand our clients, and make sure the service we offer is as good as it can be.

So, whether you’re new to investing, a markets veteran or somewhere in-between, we want to hear from you. And if you do take part, we’ll be in touch to let you know what we’ve learned about investors in the UK!

retiringtoosoon

How much are they proposing to pay you for your time?

TimSynths

I started doing it but soon lost the will to live.

Swipe

retiringtoosoon said:

How much are they proposing to pay you for your time?

Nothing, even the ONS pay you £10 to complete their survey and that went in the bin also.

MX5huggy

I’ve just crashed through it. They’re really trying to understand their customer’s financial understanding and motivations. There was a couple of maths questions if you had £100 in a savings account paying 2% what would the balance be in 1 year (no tax or fees). Then after 5 years would the balance be more than £110, less or no idea!.

tacpot12

I did the survey. It is quite long and involved, but there was no bad result at the end of it. 

barnstar2077

MX5huggy said:

I’ve just crashed through it. They’re really trying to understand their customer’s financial understanding and motivations. There was a couple of maths questions if you had £100 in a savings account paying 2% what would the balance be in 1 year (no tax or fees). Then after 5 years would the balance be more than £110, less or no idea!.

These kind of questions make me think that they are less interested in educating their customers than they are seeing what they could get away with! :  )

MX5huggy

barnstar2077 said:

MX5huggy said:

I’ve just crashed through it. They’re really trying to understand their customer’s financial understanding and motivations. There was a couple of maths questions if you had £100 in a savings account paying 2% what would the balance be in 1 year (no tax or fees). Then after 5 years would the balance be more than £110, less or no idea!.

These kind of questions make me think that they are less interested in educating their customers than they are seeing what they could get away with! :  )

Maybe I’m too trusting of VG but I feel they want the best for their customers, this question is interesting because it followed questions about investing but maybe it will show that some people think they understand but really are very poor at the numbers. Compared with say HL who have been banging on about new fund launches and buy now because units will be £1 only on launch which is just marketing mobo jumbo. 

Albermarle

Compared with say HL who have been banging on about new fund launches and buy now because units will be £1 only on launch which is just marketing mobo jumbo. 

I have an account with HL, due to keeping a 'small pot' pension there and taking advantage of a previous cash back to transfer a maturing cash ISA in.

However this type of marketing BS really makes me wonder about their integrity. I fully realise that companies will go to efforts to sell/market their own products. However I do not think a relatively sophisticated investment platform, responsible for Billions of Pounds of peoples money, should be indulging in these type of sales tactics.

plumb1_2

Free data harvesting 

spenderdave

Well I completed it but wonder why I bothered. Took quite a long time and although Vanguard may have learnt something about me I learnt nothing myself. If they send me another one it will definitely go in the bin...