Retail Investors Decoded
Richard Flynn: UK retail investing, scrapping stamp duty & using AI "intentionally"
June 30, 2026
Britain has made investing cheaper and easier than ever, yet it still sits at the bottom of the G7 for retail participation. Why? Carl Hazeley sits down with Richard Flynn, MD of Charles Schwab UK. With $13 trillion in assets, 39 million accounts and a history stretching back to 1971, Schwab has spent decades lowering the barriers to investing. As Richard argues, the challenge now is moving people from simply participating in the market to actively engaging with it. They get into: Why incen...

Britain has made investing cheaper and easier than ever, yet it still sits at the bottom of the G7 for retail participation. Why?

Carl Hazeley sits down with Richard Flynn, MD of Charles Schwab UK. With $13 trillion in assets, 39 million accounts and a history stretching back to 1971, Schwab has spent decades lowering the barriers to investing. As Richard argues, the challenge now is moving people from simply participating in the market to actively engaging with it.

They get into:
Why incentivising people beats trying to compel them (and the Aesop's fable that explains it)
The stark AI adoption gap between younger and older investors
Stamp duty and the policy levers that could get Britain investing
Why financial literacy belongs on the curriculum



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