Research by the Financial Services Compensation Scheme has found that nearly 2/3rds (64%) of UK adults do not seek regulated financial advice but rely on their own decisions or indeed family and friends for guidance. The FSCS suggests people think financial advice is too expensive and only for the ‘wealthy’.
By ‘DIY’ing your finances without regulated advice you:
This has long been a problem and we have been working for many years to make financial advice accessible and affordable for all. Even just paying for 15 minutes of our time may steer you to the right decision or prevent you from making mistakes and losing money or paying more tax than you should do.
You pay for a car service and MOT but not financial advice? Your car is a depreciation asset, your financial stability is your future. Not taking financial advice may damage your finances.