One in three who take financial decisions without independent advice later regret them
Our research found that over a third (34 per cent) of those who have purchased or arranged a financial product themselves have later regretted the decision, rising to 41 per cent of males and 47 per cent of people in their twenties.
Ironically the same research found that, of the people who had never sought financial advice, 40 per cent said the reason for this was that they were confident making their own decisions.
Many people have topsy-turvy financial priorities
In a survey of 166 independent financial advisers, we asked them to name the top five most important areas for seeking advice. We compared these against the top five areas for which consumers typically seek advice, and found that people may not be asking for advice about the most important things.
These are just a few examples of how financial advice can deliver value in the areas of money, knowledge, opportunities, security and peace of mind. For a more detailed picture of what a financial adviser can do for you personally, speak to one today.