According to RateSetter CEO Daniel Foggo, “low interest rates are the new reality Australians have to face”.

“If the UK is anything to go off, we could be settling in for a decade of low rates,” he said.

Almost two-thirds of investors surveyed who indicated they would be moving their money in 2020 said they would invest their money in financial products to earn returns over property investments in 2020, it was reported.

Mr Foggo said the company’s insights have revealed the top three factors impacting investors’ decisions.

These are the need for portfolio diversification, low interest rates and the quest for performance.

Instead, the credit company reported that “when confronted with low interest rates, investors are sticking with the investments they know and that have served them well”.

Investors have been urged to look for transparency when evaluating alternative investment strategies, with Mr Foggo advising people to watch out for excessive fees or hidden risks.

“If you don’t get how it works, the product is probably not for you,” he said.