In the past two decades, the UK has experienced significant social and demographic changes that mean people are faced with more moments when they have to make important financial decisions.
Previously, the biggest financial decisions typically revolved around getting married, buying a home or having a family. But the impact of an ageing population, changes to government policy and new working patterns means many of the old certainties have have disappeared.
This is why it’s vital that as many people as possible can access professional advice. A wealth of research shows people who have engaged with the advice sector are significantly better off in retirement than those who have not.