We believe that investor education, and research about investor knowledge and attitudes, are essential to effective investor protection. Through research, the BCSC, our partners, and our provincial counterparts are trying to understand Canadians' overall investment knowledge, their understanding of financial concepts like savings and budgeting, and their experience with fraud and unsuitable investments.
This RRSP season, the BC Securities Commission is encouraging investors to make smarter decisions and learn more about the role they play when working with an investment advisor. This message is prompted by findings from the national Smarter Investor Study, BC Report, which showed that while most British Columbians agree they have responsibilities when it comes to investing, many neglect those responsibilities.
- Infographic: BC Report
- News Release: BC Study Warns of Gap between Investor Attitudes and Behaviours Ahead of RRSP Season
In this study of 2,407 Canadians, the BCSC generates new understanding and insight into client knowledge and perceptions about investing among Canadians aged 35 and older with a particular emphasis on probing the relationship with advisors in more detail than in the past. The study also introduces a new lens for understanding investing behaviour—Personality.
Dans la présente étude, la BCSC renouvèle la compréhension et l’aperçu des connaissances et des perceptions des clients au sujet de l’investissement parmi les Canadiens âgés de 35 ans ou plus, en insistant tout particulièrement sur un examen plus détaillé que par le passé de la relation avec les conseillers. L’étude introduit également un nouveau prisme pour la compréhension du comportement d’investissement : la personnalité.
- Full report: National Smarter Investor Study
- Smarter Investor Infographic
- Points saillants: Étude nationale sur l’investisseur avisé
- News Release: New national research reveals personality matters when it comes to investing
2015 British Columbia Investment Fraud Vulnerability
In support of Fraud Prevention Month, Brenda Leong announced the results of research conducted by the BCSC into the fraud vulnerability of older British Columbians. This study goes beyond an examination of overall levels of vulnerability by testing a key example of each of the think, feel, and do principles, showing that each has its own distinct impact on vulnerability to investment fraud.
- Key Highlights
- News Release: BCSC research finds that one-in-eight British Columbians over 50 vulnerable to investment fraud
The research, conducted by Innovative Research Group, surveyed 800 British Columbians aged 50 and over.
Canadian Securities Administrators (CSA) Investor Index
The 2012 Investor Index is the CSA’s third survey on investment knowledge, investor behaviour, and incidence of investment fraud. The survey examined similar themes to those conducted in 2006 and 2009, including the incidence of “self-reported” investor fraud and awareness of securities regulators. The 2012 survey also included new questions in the areas of market expectations and the role of social media in investing.
National Investment Fraud Vulnerability Report
Previous research tells us that anyone can fall victim to investment fraud. This study looks past trust and examines who is most vulnerable to fraudulent investment offers and what triggers would motivate them to invest in one. The study of almost 2,500 Canadians was released to mark Fraud Awareness Month in March, 2012.
Les recherches antérieures montrent que n’importe qui peut être victime de la fraude liée aux placements. L'étude va au-delà de la question de la confiance et s’attache à déterminer quelles personnes sont les plus vulnérables face aux offres de placements frauduleuses et quels facteurs les motivent à investir leur argent dans de telles fraudes. Les résultats de l'enquête, qui a été menée auprès d'environ 2 500 personnes, sont rendus publics à l'occasion du Mois de la sensibilisation à la fraude.
- Points saillants: Étude sur la vulnérabilité face à la fraude liée aux placements
- Full Report: National Fraud Vulnerability Study
- News release: BC Securities Commission releases its National Investment Fraud Vulnerability Report