Neglecting financial advice costs health and wealth

Wed, 02 Dec 2020

Financial advisers say not enough people are seeking their services despite evidence it makes them wealthier and happier.A Financial Services Council commissioned survey found only 18 percent of Kiwis were taking advice, while 40 percent didn’t see any benefit in it. The survey of 2,000 New Zealanders said those who did receive advice reported much higher levels of both financial and overall wellbeing.Almost half of people who received financial advice rated their wellbeing as being high or very high, compared to less than a fifth of...

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