Mattioli Survey Finds A Confidence Gap In UK Financial…
By Rick Steves
AI summary of the source article
A YouGov survey of 2,078 UK adults commissioned by Mattioli Woods found that over one in four feel comfortable investing £10,000 to £50,000 without professional advice, even though 44% feel financially unprepared for major life events.
Key facts
- 41% of respondents said they would first consult relatives for important financial decisions, compared to 31% who would approach a financial adviser.
- 34% of men versus 19% of women reported feeling comfortable investing between £10,000 and £50,000 without financial advice.
- The FCA's 2024 Financial Lives Survey showed that only 9% of adults took full regulated advice in the previous year.
Source excerpt · FinanceFeeds
More than one in four UK adults say they would feel comfortable investing between £10,000 and £50,000 without consulting a professional adviser, even as 44% say they do not feel financially prepared for major future life events. The figures come from a YouGov survey commissioned by Mattioli Woods of 2,078 adults. It also found that 41% would first turn to relatives when facing an important financi…