New research from Santander has revealed that young adults are leaving school without a formal financial education. A decade after financial education became part of the secondary school curriculum, young adults are still leaving school unprepared to manage their finances. According to a new research report from Santander UK of 2,000 18-21-year-olds, only one in…
Read moreA poll by Skipton Building Society has found that 85 per cent worry they will give their children bad financial advice. The data also found that many aren’t confident to give advice when it comes to investing (29 per cent) budgeting (25 per cent) and credit scores (23 per cent). While 21 per cent have…
Read moreResearch by Canada Life has found that four in five (79%) of over 55s who have retired, did so without the help of financial guidance or advice, preferring to opt for a DIY approach to managing their finances. The research also showed that nearly one in three (29%) of the same group admit they are not…
Read moreNearly a quarter (23%) of adults wouldn’t seek financial advice, even if it was free according to new research by Canada Life. The research also found that nearly half (45%) of UK adults have never seen a financial adviser. Over a fifth (23%) say they could not be swayed to get financial advice no matter…
Read moreOne in ten adults do not trust financial advisers with less than half of adults never seen a financial adviser according to new research by Canada Life and financial services consultancy, AKG. The report proposes that the advice gap could widen before there is any chance of it closing. Currently, according to the report’s findings,…
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