Pension guidance is the key motive for individuals first seeking financial advice, according to Fairstone.
A client survey conducted by the consolidator placed pension guidance as the reason why 45% of people first sought out professional advice, with investment planning falling in second place. Mortgage advice was the third most-popular motivating for speaking to an adviser, it found. When it comes to age, over half (55%) of Fairstone clients who responded to the survey first took financial advice after age 40. The consolidator said its findings show "the tide could be turning" however, with a quarter also stating they had started? their advice journey in their 20s. This 25% represent...
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