Only 24% have ongoing financial adviser relationship

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The latest savings and investment index from Standard Life suggests few consumers have a continuous relationship with a financial adviser.

In the latest quarterly report from the insurer - which aims to measure consumer sentiment for investment classes and savings vehicles - findings suggest only 24% of consumers have an ongoing relationship with a professional financial adviser. This is a fall of 4% and is the lowest score to date, so Standard Life says this makes it unsurprising only 28% of the 1,521 respondents are satisfied with the amount they are saving for retirement. Meanwhile, the index results show interest in specific investment vehicles, such as Isas, have moved very little over the last quarter with a fall of j...

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