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09 July 2025

finextra: Over half of people who have acted on social media financial advice have lost money

Following the FCA’s ongoing focus on finfluencers, TSB surveyed almost 2,000 people who use social media, finding that nine in 10 (90%) had seen an investment opportunity on social media, and over two-fifths (43%) would consider investing as a result.

Over half trusted the content and said...

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