Nick Eatock: Demonstrating the value of advice

'Advice makes people twice as optimistic'

clock • 3 min read

All of the data and research points to the fact that not enough people have access to financial advice and, here, Nick Eatock says everybody involved in the advice space needs to help demonstrate the value it provides

As a sector we're constantly bombarded with statistics about our finances. Perhaps the most concerning of these was released by the charity Samaritans this time last year. In a worrying insight into the potentially tragic implications of money problems, it found that one in five of all calls it received is due to ‘extreme financial distress'. With the ongoing impact of the coronavirus pandemic, it's likely that more people will find themselves in financial difficulties in the coming months. In many cases, the key to resolving money issues is earlier access to advice -before the situation...

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