Financial wellbeing directly linked to use of financial advice: Aegon UK

Aegon's Financial Wellbeing Index, based on a representative survey of 10,000 people across UK sectors, found that that just 10% of people who have never used any financial advice are "fortunate to combine healthy finances and a positive money mindset." This is compared to 44% of those who have an ongoing relationship with a financial adviser and 23% who have occasionally used a financial adviser. However, the report also highlights that the positive correlation between advice and financial wellbeing stems primarily from advisers helping clients accumulate wealth and "not necessarily ...