Making well-informed financial decisions can have a huge impact on your life. Whether that may be buying a house, investing some cash or planning for your retirement, these are all choices that can benefit from professional advice. And it seems many UK adults agree. Our own research has found that more than half of consumers say they would benefit from seeking whole of market financial advice.
The research, carried out among 2,000 UK adults, found that more than half of Brits thought they would benefit from seeking financial advice. Those in their 30s acknowledged the biggest need for advice, with 59 per cent seeing the benefit of seeking professional, independent advice.
Most popular areas of advice
So, what kind of areas stood out? Overall, private pensions, mortgages and stocks and shares ISAs topped the nation’s wish-list of areas they would like help on from a financial adviser. But among those in their 30s, the need for mortgage advice was greatest. For the ‘at retirement’ generation (60-69 year olds), annuity purchases topped the list.