Financial advisers doing pro bono work in a Citizens' Advice Bureaux pilot study have found they may be able to generate additional business on the back of consultations, says the Personal Finance Society.
Although evidence is anecdotal at this stage, says John Ellis, spokesman for the PFS, early study of the pilot study - to test interest and viability of delivering pro bono financial advice through eight CAB offices - has so far seen some consumers recommending family friends and members also attend meetings with financial advisers, and which could translate as additional business opportunities for the advisers currently taking part in the pilot programme. Although a final report on the study is not expected to be presented until August, Ellis says the PFS hopes to see the service contin...
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