Fewer People in the UK Pay for Financial Advice due to Cost and Lack of Trust – 91% of Those Who Do Find it Helpful
A new study from financial consultancy the lang cat has revealed that only 9% of people in the UK currently pay for financial advice, down from 11% in 2023. This decline has led the lang cat to question the effectiveness of the Financial Conduct Authority's (FCA) Consumer Duty regulation, which...