Cost misconceptions isolating at retirement savers from advice

The at-retirement specialist firm said concerns that retirement and pension advice is too expensive and that it is only worthwhile for wealthy individuals are key problems. Its research - published on Friday (28 October) - found 75% of Brits aged 40 and over are concerned about the cost of advice and only 13% have spoken to an IFA about their retirement and pension strategy. "Historically, it was not always accessible to people of all wealth brackets," the firm said. "And this has led people who could benefit greatly from advice to avoid it altogether - even in times of economic turmo...