Almost a third (30 percent) of advisers expect the age at which clients first engage with IFAs to decrease over next five years.
Charles Stanley’s recent white paper – Book of Stories 2.0 – found that younger generations are showing more of an interest in their finances.
Some people have built up a “lockdown savings pot” due to not commuting and saving money on leisure activities like eating out or going on holiday.
Recent figures from the Bank of England found that families have saved over £150 billion in the past year.
One in five (19 percent) advisers said virtual communication du...