According to a recent survey, half the population would not trust advisers to help them with their retirement and yet, sighs Tim Sargisson, how surprised should we be given the behaviour of some parts of the market?
According to research from fintech provider Evalue, published this month, out of 1,000 individuals aged over 50, more than two-fifths (43%) worry that advisers would not act in their best interests. Meanwhile three-fifths (59%) of the people looking for retirement advice would turn to unqualified sources rather than engage an IFA and almost half (47%) have never sought advice about their retirement plans. So there we have it - in simple terms, according to this piece of research, half the population do not trust the professional adviser to provide advice and guidance as how best to manag...
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