Brits unsatisfied with retirement savings yet shy away from advice

Only one in ten UK adults have sought professional advice

Isabel Baxter
clock • 1 min read

Despite widespread dissatisfaction with their savings, only one in ten UK adults (11%) have sought professional advice, according to research from True Potential.

The research, conducted in collaboration with YouGov and included 2,035 adults, showed that almost half (49%) reported feeling uncomfortable with their level of retirement savings, whilst 38% said it is unlikely they will achieve their retirement goals. Despite widespread concern about affording retirement, only one in ten (11%) respondents had sought professional financial advice. Those aged 25-49 were the least likely to have sought advice (90%) despite the importance of beginning retirement planning early. Additionally, although a third (33%) said they regularly or sometimes found ...

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