They say you can’t put a value on getting good advice – but actually we can.
Our research shows that getting good advice means you’re more likely to accumulate more financial wealth and have more income in retirement...
Financial planning is complicated. There’s a lot of options in front of you, a lot of things to factor in, such as working out what your needs might be many years from now.
But those qualified to give advice can make a huge difference. For a start they can make it all much easier to digest and understand. And they can tailor their help to suit you specifically. Your life, your goals, your needs, now and in the future.
Of course, you can just go and buy cover for yourself. But the benefit of having an adviser is that you’ll have a personalised plan that’s tailored towards you and your family rather than a ‘one size fits all’ solution. You may though be charged for this advice.
People who have taken financial advice have accumulated between 11% and 24% more financial and pension assets than those who haven’t
Revisiting the Value of Financial Advice, a research report from ILC-UK (December, 2019)