Hello Lamplighters! A Beacon of Hope in Financial Planning: The need for blue water between advice and product!
I hope you're all doing well. I wanted to share some recent findings from the FCA's Financial Lives Survey that reaffirm the importance of the work we're doing.
The survey shows that while 87% of clients who have used a financial adviser in the past year trust them, a staggering 92% of the general public haven't sought advice at all. Among them, 8 in 10 believe that financial advice might be biased.
Why This Matters to Us
These statistics underline the urgent need for the non-intermediating financial planning approach we've all embraced. By removing the intermediary, we're not only ensuring unbiased advice but also addressing the public's scepticism head-on.
We're Building Something Important
It's easy to get lost in the day-to-day grind, but let's not forget the bigger picture. We're part of a growing movement that's changing the face of financial planning for the better.
I've written a detailed blog post discussing these findings and the critical role of non-intermediating financial planning. Read the full article below.
Keep Going, Lamplighters!
We're on the right track, and this survey only strengthens our resolve. Let's continue to be the change we want to see in the industry.
Feel free to share your thoughts and experiences below.