More than half of Britons using social media for investment guidance are putting their money at risk, Barclays warns.

New research commissioned by the bank shows 51 percent of people fail to verify the reliability of financial influencers, or “finfluencers,” and their content.

The findings showed that a quarter (23 percent) are turning to social media, community messaging apps and online forums for investment advice. One in five do so because it provides them with “free access to financial…