Half the Scots "don't want advice" says IF

Professional Adviser
clock

Almost half the population in Scotland have "no need of financial advisers" and three-quarters of th...

Almost half the population in Scotland have "no need of financial advisers" and three-quarters of the UK population believe IFAs are only for the well-off, based on research commissioned by Intelligent Finance. Almost four out of every ten people (38%) do not think they will have a need to consult a financial adviser in the near future, while 46% in Scotland and 43% in Wales do not need to discuss their finances with an IFA, suggests research compiled by ICM. Just as worrying is evidence which suggests of the 1000 people questioned around the UK, only 22% say they plan to discuss ...

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 uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •