The value of regulated financial advice can often be undervalued. We know from experience that advice adds value in many ways. Leading investment manager Vanguard has produced a paper discussing the value of advice to individuals, and this can be read here.

There are 7 key areas where advisers add value and Vanguard’s research shows that over time this all adds up to around an extra 3% per year net return for clients on top of what they might have achieved on their own.

In reality, this does not mean a straightforward 3% every year as some years the value added through advice will be larger and some years the value added will be less depending on what stage of life you are at