Financial sector lobby group Finance Finland (FFI) reports that 39 percent of mutual fund investors in Finland are blue collar workers or lower level clerical employees. The organisation said that this "people's capitalism" has developed rapidly in the last few years.
About a quarter of people in Finland have invested in mutual funds, FFI's new study finds.
CEO Piia-Noora Kauppi said that people are waking up to the need to shore up their finances for a rainy day.
"Thankfully party leaders agree that we need more measures that encourage savings and investments to counterbalance debt," Kauppi said.
Kauppi said she hopes that the taxation of various forms of investment will not be amended in the coming parliamentary term.