The majority (92%) of Millennials expect to have digital platforms available to monitor their investments and goals when using a financial adviser.
This is according to a study from the Financial Planning Standards Board (FPSB) conducted among 15,000 consumers across 15 global regions, including the UK. Millennials (those born between 1981 and 1996) are also most likely to have taken up or to consider online asset trading, with 21% trading since 2020 (11% Baby Boomers and 14% Generation X). The study also found that three in four Millennials currently use apps or websites to manage their finances. The FPSB said Millennials have many unmet financial needs, with ability to live a desired lifestyle (39%) and ensuring regular mone...
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