Advised clients have 'better financial wellbeing' - report

According to the report, fewer than one-in-ten (9%) of those without an adviser have a financial plan that stretches over 10 years, compared with 43% of advised clients. Those with an adviser also reported to have nearly three times as much in pension savings at £246,000, compared to £95,000 for non-advised people. This was also the case with non-pension assets. Advised clients had average savings outside of a pension of £65,000, while those without an adviser had £32,000. "Advisers have always been very focused on making sure they can boost their clients' wealth. But the boost to ...