65% of consumers believe it is their responsibility to determine whether financial advice may be helpful, according to our survey for Aegon.
The survey of 2,000 UK adults was part of a larger research project by the firm in an attempt to define advice designed for consumers in its response to the Financial Advice Market Review.
It was also revealed that 56% of advisers believe it is their responsibility to educate consumers when it is advisable for them to take financial advice.
The survey was featured in an article for the Financial Times Adviser where you can read more about the FAMR’s guidelines and Aegon’s response.
