Clients Of Financial Advisers Are Better Off By 39% A Year, In Retirement!

A recent article in Professional Advisor stated, citing a survey by the consulting firm Dunstan Thomas.

The survey found that people who had not used a financial adviser could on average expect a post-retirement, pre-tax income of around £20,000 while those who had used one could expect more than £33,000!

The survey specifically focused on baby-boomers, those aged between 54 and 71yrs old, and found a worrying lack of interest in seeking advice from a financial adviser, preferring instead to do nothing or seek advice from bodies such as The Money Advice Service.

The survey also pointed out that while those who seek the advice of a professional may have more savings to protect, regular meetings with a financial adviser instil the financial disciplines needed to provide for retirement.

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