Survey highlights 'alarming' short-term outlook in financial planning

The deVere group found 82% of consumers who did not yet have an advisers did not plan ahead further than one year. Its global survey revealed that the trend in short-term planning cut across income brackets, ages and nationalities. DeVere group founder and chief executive Nigel Green said: "It's extremely concerning that the vast majority of people without a financial adviser are exclusively thinking about their finances in the short-term. "It is alarming as longer term planning gives people more opportunities and more time to reach their ultimate financial objectives - which for mo...