Half of people would not consider taking advice - Hargreaves Lansdown

Of those who did not think they would ever take advice, a third (35%) said it was because they already knew what they were doing, a similar number (29%) said it was too expensive and 28% said they lacked enough money to make it worthwhile. Additionally, 21% of those not seeking advice cited their lack of trust in advisers as a reason and 7% dismissed advice for fear of long-term commitment. Those reasons are predicated on false assumptions about financial advice, according to Hargreaves Lansdown. Sarah Coles, senior personal finance analyst at Hargreaves Lansdown, said: "Financial adv...