Professional financial advice delivers much more than financial benefits, according to Royal London, which has released research suggesting those who take advice feel more confident and financially resilient.
The life company found that the vast majority of the 17 million people who have received financial advice in the UK felt positive about their adviser. Eight out of 10 (82%) clients were satisfied with the quality of advice and expertise while just below that (81%) were pleased with the communication style and trustworthiness. In addition, two thirds (63%) of people who received financial advice felt financial secure and stable compared to below half (48%) who had not received advice. Of those who had not received advice, two-fifths (41%) felt anxious about household finances compar...
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