Almost half of all people seeking financial advice think they can find all the information they need online, according to research from Birmingham Midshires.
The mortgage lender says home research on financial products can be useful but says it is important to seek regulated, face-to-face advice to navigate the complex array of products in the market. Research conducted by Birming Midshires found 94% of all internet enabled Britons seek some kind of advice online, on anything from relationships, through to healthcare and financial matters. Of those seeking financial advice, 46% say they are confident they can find all the advice they need online, while another 50% will seek online information before going to a secondary source of offline advic...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes