Most of us would like to be better off.
It may mean having more coming in or having less going out on things like mortgages and insurance โ or having a brighter future to look forward to.
But some surprising research by the FCA has revealed that millions of people up and down the country are missing out on the financial support and advice they need.
You could be better off with some expert help
A major consumer financial survey has revealed that only 8% of UK consumers received full financial advice in 2022, with people missing out on the financial advice they need to make the most of their financial affairs.
By having a better understanding of your financial challenges, you could make plans for financial goals and enjoy reduced stress. Money worries can often be solved with a little expert advice.
Potential benefits for those with a long-term relationship with a financial expert they can call on to answer financial questions could include looking forward to a more comfortable retirement, the ability to afford larger purchases like holidays, home repairs and weddings and the ability to save more.
In other words, having a financial adviser to call on could help you be better off. So why are so many people missing out on the expert support they need?
Why do people go without advice?
Financial advice and broader guidance can transform lives, but millions are not reaping the benefits, because they donโt know what the benefits of advice really are, or where they should turn to for the help they need.
Whatever the cause, missing out on advice means theyโre missing out on improved financial and emotional wellbeing. Being better off could start with a conversation and putting some expert thinking to work to solve short term problems โ and making some effective long-term plans.
Could you be better off with financial advice?
But how exactly can an independent financial adviser help you?
A Continuum financial adviser starts with understanding your financial goals and ambitions along with an analysis of your current financial situation, your income and your commitments. Based on this, we will develop personalised strategies for savings, investments, and future financial goals.
They can cover everyday spending and helping to improve your tax position to deal with the immediate challenges. Getting out of debt, cutting drains on your resources and finding ways to help make your money grow faster can all help you feel better off immediately.
Continuum advisers are independent financial advisers. This means they can offer objective advice aligned to your financial interests.
But we wonโt stop there. We help build strategies are aimed at leaving you better off in the future.
Their expert knowledge of topics like investment, retirement and providing real peace of mind with insurance protection will all play their part in helping you feel more confident that you could be better off in the years to come.
Ready to get started with your financial adviser?
By working with an independent financial adviser, you gain a trusted partner dedicated to helping you be better off throughout your life's journey. Their expertise, objectivity, and commitment to your long-term financial health make them vital for your future.
Being better off could start today, with a call to Continuum.
The information contained in this article is based on the opinion of Continuum and does not constitute financial advice and you should seek independent financial advice before embarking on any course of action.
When investing your capital is at risk
Investments do not include the same security of capital which is afforded with savings.
