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Households reveal most likely cash headaches in next 12 months


Households reveal most likely cash headaches in next 12 months
March 14, 2021, 2:47 am
Some 85% of people have money worries about the next 12 months. Picture posed by model (Dominic Lipinski/PA)
Nearly nine in 10 (85%) people are concerned about their finances in the coming 12 months, a survey has found.
Using savings to make ends meet, money lost from investments and having a reduced income, and a job loss top the list of money worries, according to Prudential.
Concerns further down the list include social care and health costs, not saving any money, getting into debt, having to support people financially, not being able to retire as planned and having to ask parents or other family members for financial support. ....

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Households reveal most likely cash headaches in next 12 months

Households reveal most likely cash headaches in next 12 months
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Two thirds of adults work with same adviser as their parents


Two thirds of adults work with same adviser as their parents - Pru research
Keeping it in the family
Almost half (49%) of those who have used the same adviser as their parents prefer to pay for the financial advice separately, suggesting many prefer instructing advisers for their own distinct needs.
Two thirds (67%) of adults whose parents have a financial adviser have a relationship with them as well, suggesting many are keeping financial advice within the family, a study by Prudential has found.
The study, put together with research firm Opinium, also found that around two-fifths (43%) of the 1,000 respondents said they would feel relaxed about using the same adviser as their parents, while a. ....

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