The majority (86%) of advised clients have seen at least one benefit to the advice they received, according to a recent LV= Wealth and Wellbeing report.
The survey of 4,000 nationally representative UK adults showed more than half said financial advice had helped them decide the best course of action and 43% said their financial adviser had helped them understand the decision they were making. Additionally, 32% said financial advice reassured them they were doing the right thing, while 31% said financial advice gave them peace of mind. The report said: "Good advice can help ensure families maintain their financial resilience despite increased financial pressures. "Regulated advice that considers your best interests can also help pe...
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