Last week Standard Life teamed up with unbiased.co.uk and released their consumer guide to help explain the upcoming changes RDR will bring. The guide uses a simple six-step outline of the advice process and includes case studies to bring the information to life, giving consumers a better insight into how an adviser can help them. You may find it useful to use the guide or the copy within when discussing the changes with your clients.
The Money Mail has launched a manifesto calling for the government to help the public save more. The unbiased.co.uk and Standard Life 'Value of Advice' report found those seeking financial advice on their pension could benefit from up to £2,780 extra a year in retirement. Recent coverage of the 'Value of Advice' campaign in the Independent and the Express reinforces how financial advice pays off and encourages people to save more for retirement. Less than two months since the launch, the campaign has generated over 60 positive pieces of national, online and trade coverage, helping raise awareness about the value of financial advice and educating consumers on the vital role it plays in their lives.
Who should be responsible for educating children about finance? Our most recent web poll asks this very question and has sparked a great deal of interest and debate between IFAs on Twitter. People's opinions seem divided after BBC highlighted that 84% of children feel their school does not do enough to teach them about financial matters. It would be great to hear your views on the matter - have your say by joining in with the discussion on LinkedIn.
The unbiased.co.uk team