Tag: Financial Advisors


30

May 2022

Half of Consumers are Have Nots

51% of consumers are financial Have Nots Based on their ownership of a range of financial assets, including cash savings, retail investments, private and workplace pensions, consumers split into two roughly equal camps. 51% fall into the Have Nots camp and 49% into the Haves camp. Haves, as their name implies, own a wide range of financial assets and are especially likely to hold some...

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15

Mar 2022

One-in-seven Consumers are Wealthy Investors

15% of consumers hold over £100,000 in investible wealth Wealthy Investors are defined as UK consumers with investible wealth held in savings, investments or defined contribution (DC) pensions of £100,000 and above.  Wealthy Investors as defined in this report, represent 15% of all consumers.  The typical Wealthy investors has, in average, £373.535 in investible wealth. These findings come from the IRN Research report Wealthy Investors...

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04

Jan 2022

Financial Advice: a £4bn market

Over £4 billion earned by financial advisors in 2020 In 2020, intermediaries and advisors offering advice on retail investments earned over £4 billion in revenue. IRN expects this to have risen to near £5 billion in 2021. These findings come from the IRN Research report Retail Financial Advisors 2021. 2020 was a difficult year for financial investing given the COVID crisis but markets recovered in...

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