Financial advice makes customers feel more financially resilient than those who have not received advice
Research from Royal London has suggested that financial advice improves emotional wellbeing of customers by making them feel better about themselves and their finances, especially in times of crisis. Around three in five (63%) who received advice said they felt financially secure and stable compared to just half (48%) who had not received advice. Four in 10 (41%) who had not received advice felt anxious about household finances compared to just a third (32%) of those who were advised. Lower...
Effective 6 December
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