Majority of clients see benefits to the advice they receive

More than half say financial advice helps them decide ‘the best course of action’

Isabel Baxter
clock • 1 min read

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...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Canada Life to sell onshore bond business to insurance firm Chesnara

Canada Life to sell onshore bond business to insurance firm Chesnara

Strategic review prompts transfer as Chesnara expands life and pension portfolio

Sahar Nazir
clock 23 December 2024 • 1 min read
Happy holidays from Professional Adviser

Happy holidays from Professional Adviser

Regular newsletters and content will resume on 2 January

Jen Frost
clock 23 December 2024 • 1 min read
The state of financial vulnerability in 2024 and what 2025 holds

The state of financial vulnerability in 2024 and what 2025 holds

'Most firms are now heading in the right direction with their vulnerability processes'

Richard Farr
clock 20 December 2024 • 3 min read