Brits shy on financial advice but not the young ones

A survey of 1,600 consumers compiled by Clerical Medical has found that 30% of respondents’ aged 16-24 are keen on advice regarding long term savings plans. However, the on-line poll has also found that four-in-ten (38%) people feel they do not have sufficient funds to merit an appointment with an adviser, while 19% put sorting out finances low on their lists of priorities. One-in-ten people feel their financial knowledge is limited enough to make a visit to an adviser uncomfortable, while close to half (44%) of respondents are happy to take personal responsibility for their money. ...