Virtual roundtable – Peace of mind: Understanding the non-financial benefits of financial advice

Date:  Wednesday, 8 July 2020

ILC held an invite-only virtual round table, supported by St James’s Place.

While previous research on the value of financial advice has tended to focus on the financial impact to the person, far less is known about whether there are any wider holistic benefits to receiving financial advice.

Through this roundtable, we seeked to unpack the non-financial benefits of receiving financial advice, the extent to which these wider benefits impact individuals in the long and short term and whether non-financial benefits differ across socio-economic groups. Findings will feed into ILC’s independent research and published report which in turn will be used to influence future policy and practice.

You can find the slides that are available for download below: