Advisers' clients are more likely to save

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People who use a financial adviser are much more likely to save money than those who do not, according to research from Standard Life.

The Savings & Investments Index also claims less than a quarter of people have regular access to a financial adviser. Of those surveyed by Standard Life, 76% say they do not have an ongoing relationship with a financial adviser. Of the 24% who do have a relationship with a financial adviser, 77% say they are actively saving for the future, while just 46% of those without an adviser engage in regular saving. “These results highlight a stark comparison – evidence indeed of how important it is that people have regular access to professional financial advice”, says Trevor Matthews, chief exe...

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