Majority of un-advised with stock investments have no financial plan

‘Many are realising the need for expert financial support in later life’

Hope Coumbe
clock • 1 min read

Just over half (51%) of adults in the UK who hold stock market investments have no plan for how their assets will pass on to their dependents, Investec Wealth & Investment found.

The Rathbones-owned firm conducted a study of more than 1,000 adults in January, finding a need for advice and later life planning specifically across the board. Investec said its findings show retail investors "are focusing on the need for financial advice" in later life with many worried about managing their investments. Of those in the study who have stock market investments and are aged over 65, close to three-quarters (69%) have no plan for passing on their wealth. Head of strategic partnerships Simon Taylor said the findings show a clear opportunity for advisers to engage. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Tessa Lee: The invisible cost of poor client data

Tessa Lee: The invisible cost of poor client data

How can you improve data quality?

Tessa Lee
clock 23 July 2026 • 4 min read
Dean Proctor: Hopes and fears for the new PM and cabinet

Dean Proctor: Hopes and fears for the new PM and cabinet

Stability, simplicity and the chance to do things differently

Dean Proctor
clock 23 July 2026 • 5 min read
Should spousal maintenance be abolished? A modern perspective

Should spousal maintenance be abolished? A modern perspective

Making the case for abolition and retention

Amy Walpole and Karen Brennan
clock 22 July 2026 • 4 min read