Research shows getting financial advice may help your emotional wellbeing
Recent research shows that getting financial advice may help your emotional wellbeing
Earlier this month Royal London released some new research which explored how financial advice helped to improve the emotional wellbeing of customers.
Their findings revealed that talking to a financial adviser helped people feel better about themselves and their money - especially in time of crisis.
Some of their key findings were:
- Those that receive financial advice feel more confident and financially resilient than those who don’t
- Those who have an ongoing relationship with their adviser are almost twice as likely to feel in control of their finances
- Customers who have advise feel they have a much better grasp of financial matters and products.
Research carried out by ONS on 4000 customers