Greater London leads in adults seeking advice, Midlands lag behind

Midlands residents least likely to seek financial advice

Sahar Nazir
clock • 1 min read

Adults in Greater London are most likely to seek financial advice while those from the Midlands are least likely, the Financial Services Compensation Scheme (FSCS) has found

The research was conducted by FSCS which last week (12 May) released the third series of consumer research papers on consumer trends, attitudes and behaviours towards financial products and the protection that it offers. It was found that adults with savings, investments or a mortgage living in Greater London had been the most likely to seek financial advice in the last five years - with almost half (49%) of them saying they did so. This was followed by South England (38%), Scotland (36%), North England (34%), and Wales (33%). Adults living in the Midlands were the least likely to ...

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