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Single older women unlikely to go to IFAs

Single older women in the UK are far less likely to look for independent financial advice than younger women according to a survey carried out by RJ Temple.

Only 11.9 per cent of women over 55 said they would go to an IFA if they needed advice compared with 44 per cent for women between 25 and 54.

RJ Temple communications manager Liz Walkington says: “We have long recognised the need for specialist financial advice for the single older lady with assets market , that we have labelled SOLA, and our research confirms that this need has been largely overlooked.”

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