75% of people have not taken financial advice in last five years

New research carried out by Charles Stanley and the financial services consultancy, AKG, has found that 75% of people across the UK have not taken financial advice in the last five years, despite inflation changing the playing field, leading to regret for one in ten. The research paper ‘Future of Advice - State of Flux' explores the advice market in the UK from both the consumer and adviser perspective and considers the current opportunities and challenges. Of the 2000 consumers surveyed, some 55% admitted that they have never seen a financial adviser with a further 20% admitting that...