Confidence in New Zealand's financial markets has lifted since last year but many investors remain unsatisfied with investment materials such as prospectuses, according to a survey.
The Financial Markets Authority, which commissioned the study, said almost 70 per cent of middle income earners - those earning between $50,000 and $100,000 a year - were confident, an increase of 13 percentage points on 2013.
Overall confidence rose five percentage points to 59 per cent.
However, confidence among low income earners fell from 52 per cent in 2013 to 49 per cent this year.
The survey is based on Colmar Brunton interviews with 1015 people in March.