Mere 8% of consumers consult advisers on financial decisions, research

Yet just 14% are confident about financial planning

Victoria McKeever
clock • 2 min read

Just 8% of people currently speak to an adviser about their financial decisions, despite many feeling unconfident about financial issues, research from provider Aegon has found.

According to the firm, the majority (47%) of people make financial decisions on their own, while 41% prefer to consult their partner. Aegon had surveyed about 1,000 people in October 2016. Yet, a separate piece of research conducted in September 2015 and surveying 2,000 people, found confidence on financial matters to be low among the general population. At the time about 14% said they were confident about planning retirement goals and investing themselves, while one in five said they were comfortable deciding how to access their pension independently. Pension director Steven Camer...

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