Recent research by YouGov commissioned by UK wealth management and employee benefits firm, Mattioli Woods, reveals that more than a quarter (26%) of UK adults would feel comfortable investing up to £50,000 without speaking to a professional financial adviser, despite nearly half (44%) saying they do not feel financially prepared for the future.

The research reveals a notable concern between UK adults’ fears about their financial future and their approach to making significant financial decisions. While 30% would seek professional advice for all financial decisions, one in five (21%) would feel comfortable making pension and retirement decisions without guidance, leaving a significant portion of UK adults without impactful advice.

Respondents revealed that when facing an impactful finance decision for the future, 31% would turn to a professional financial adviser. Notably, those aged 55+ are more likely to turn to an adviser for guidance. The research also revealed, however, that 41% of respondents would reach out to family and relatives. This was followed by turning to a bank or building society, then friends or colleagues. Meanwhile, 10% said they would make the decision themselves.

UK adults identified several significant threats to their long-term financial health, with 40% fearful of rising costs and housing expenses. A further 39% are worried about unexpected health or long-term care costs, while 33% are concerned about being unable to work or losing income.

UK adults believe people should begin planning for their long-term financial future at an average age of 28 and a half years. This rises to 30 among respondents in London and Wales. These findings highlight a gap between recognising the importance of long-term financial planning and seeking professional guidance when making significant financial decisions.

Our research highlights that UK adults recognise the importance of planning for their financial future and taking steps to prepare for it. People believe they should start preparing for their long-term financial future at an average age of 28.5. Despite these realisations, more than one in four say they would feel comfortable investing up to £50,000 without speaking to a professional financial adviser. At the same time, almost half of UK adults say they do not feel financially prepared for the future. Our research also highlights that those 55+ are more likely to seek professional advice. The concern, however, at seeking advice later on in life is the limited time to develop financial security, so we encourage individuals to start planning earlier with an adviser.

It is understandable that people turn to family and friends when faced with an important financial decision. However, decisions around investments, pensions and long-term financial planning can have unanticipated and significant consequences that last decades. With tax, pension and inheritance rules continuing to evolve, professional advice and expertise can help people understand their options and make informed decisions based on their individual circumstances and long-term goals.

The findings highlight the challenge facing UK adults as they seek greater financial security amid concerns over rising costs, housing, health and income. A significant portion of UK adults have the opportunity to effectively plan their financial future by seeking professional advice and circumvent potential negative repercussions down the line but choose not to, despite their fears.



Mattioli Woods recently integrated Kingswood Group under a unified brand, following its October 2025 merger. The combined business oversees more than 30,000 clients, with over 200 financial advisers across more than 40 UK offices. The Group says the integration strengthens its position as a national wealth manager and enhances its ability to deliver joined-up wealth planning, investment management and employee benefits services.