Seven in ten ditching professional advice

A poll of more than 2,000 UK adults for Axa found 72% would prefer not to seek professional guidance with 58% choosing instead to manage their finances on their own. In an earlier study, 58% of those opting to run their own money said they would use the Internet for financial advice, while a further 52% would use friends and family members. Just a third would consult a financial adviser. The most significant factors in making people take more control of their money are the worsening financial conditions (42%) and job losses (43%). "Understandably people are confused and concerned abou...