Comes as part of its three 2024 pledges to the advice profession
Girling had been in the industry since 1978 and launched the firm in 2001
People are also delaying divorces due to cost of living pressures
Baby Boomers are not engaging with a financial professional at all
A 45% band for those earning between £75,000 and £125,140
Those who get holistic advice are generally happier
Respondents would take advice if they were to receive a large sum of money
Advice is in high demand with firms seeing increase in new client enquiries
Despite this, advice firms are confident Consumer Duty has been met
‘It is about empowerment, engagement and education’