Research* shows:
People who take advice increased their wealth by a staggering £47,000 over ten years.
Those "just getting by" saw a greater positive impact than the "affluent".
Contrary to a common misconception that advice only benefits the wealthy.
Changing lives for the better
From making your money work harder to giving you greater control over your financial future, the benefits of taking financial advice really do stack up. It can help you achieve robust long-term financial plans, improve your financial literacy, and even boost your confidence.
*International Longevity Centre (ILC-UK) long-term study
Carried out with two groups, people that considered themselves ‘affluent’ or ‘just getting by’ for an extensive view of people's finances and measure the long-term impact.
ILC-UK, (International Longevity Centre -UK) ‘The value of advice’ report, 2017. The research explored the impact of financial advice between 2001-2006 on financial outcomes in 2014-2016. Due to the fact this study was carried out over such a long period, it is the latest data available.
Making your money work harder
Advice can help make a big difference to your finances, whether that is through ensuring you’re making the most of tax allowances or tax-efficient investment strategies, choosing different investments or finding the best way for you to access your pension.
Research by the International Longevity Centre (ILC-UK) * has shown that people who take advice increased their wealth by a staggering £47,000 over ten years. The study was carried out over a long-time frame to get an extensive view of people's finances and measure the long-term impact.
Importantly, this research also helps break down a common misconception that advice is only for the wealthy. The study was carried out with two groups, those that considered themselves ‘affluent’ and those that considered themselves ‘just getting by’.
Those in the ‘just getting by’ group actually saw a greater positive impact from financial advice than the affluent group helping to demonstrate that whatever your financial circumstances you could benefit from speaking to an expert.
Unlocking peace of mind through financial advice
Financial Advice can also create positive emotional benefits. Another study done by the ILC-UK** found that those who taken advice described themselves as having:
** ILC-UK, (International Longevity Centre -UK) ‘Peace of mind: Understanding the non-financial benefits of financial advice’ report 2020
Real stories, real impact - Hear from customers
Don’t just take our word for it – listen to our customers’ inspiring stories, showcasing the profound positive impact that expert guidance has had on their financial well-being, peace of mind, and overall quality of life. We hope these stories help demonstrate the value of seeking professional financial advice.
What we do
