Millennials want human advice says study

Globally 64% of Millennials (people in their mid 20s to 35) and 51% of people in the 35-54 age bracket are willing to pay more for personalised investing products and services including financial advice, according to a new report. 

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53% of younger savers prefer robo to human advisers

 

New research suggests that millennials, those aged 18-35, are increasingly likely to turn to robo-advisers although trust in human financial advisers remains high.

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73% want financial advice on major life events

Three quarters of consumers (73%) want a financial adviser to help them ‘predict’ how major life moments could affect their finances.

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16-year-olds beat Millennials at personal finance knowledge

A new study suggests that 16-year olds have better money skills than older generations due to the introduction of money education in English schools in 2014.

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