{"id":106234,"date":"2025-09-01T04:48:00","date_gmt":"2025-09-01T04:48:00","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/106234\/"},"modified":"2025-09-01T04:48:00","modified_gmt":"2025-09-01T04:48:00","slug":"financial-advisers-for-young-adults-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/106234\/","title":{"rendered":"Financial advisers for young adults: what you need to know"},"content":{"rendered":"

It\u2019s becoming more expensive for young people<\/a> to reach their long-term goals, whether it\u2019s buying their first home, getting married, starting a family, going to university, or even planning for retirement.\u00a0<\/p>\n

Higher-than-expected inflation has contributed to these difficulties. However, while it\u2019s harder for young adults, there are ways to alleviate the pressure, such as seeking expert financial advice.\u00a0<\/p>\n

We explore what a financial adviser does, what young people need to consider with their finances, and how an adviser can help.\u00a0\u00a0<\/p>\n

Professional financial advice can help people reach their long-term objectives.\u00a0<\/p>\n

For young people, some of the most significant goals may include getting married, starting a family, buying a home, or optimising their pensions for a stable retirement.\u00a0<\/p>\n

Unbiased can quickly match you with a qualified financial adviser<\/a>.\u00a0<\/p>\n

We\u2019ll find a professional perfectly matched to your needs. Getting started is easy, fast and free.<\/p>\n

Find a financial adviser<\/a>What is a financial adviser?\u00a0\u00a0<\/p>\n

A financial adviser is an expert in financial planning who can help individuals reach their long-term goals\u00a0They can assist with:\u00a0<\/p>\n

Buying a home<\/a>\u00a0<\/p>\n

Optimising and building pension savings<\/a>\u00a0<\/p>\n

Retirement planning<\/a>\u00a0\u00a0<\/p>\n

Investing and savings\u00a0<\/p>\n

Estate planning\u00a0<\/p>\n

Managing expat finances\u00a0<\/p>\n

Saving for their child\u2019s education\u00a0<\/p>\n

Funding long-term care\u00a0<\/p>\n

Equity release\u00a0<\/p>\n

Finding the right insurance policies\u00a0<\/p>\n

Optimising and managing business finances\u00a0<\/p>\n

A financial adviser will take into account an individual\u2019s unique circumstances and goals to recommend the best course of action, potentially helping to save money and reduce tax liabilities.\u00a0\u00a0<\/p>\n

What are the priorities young people must consider?\u00a0<\/p>\n

It\u2019s become tougher for young people to reach their long-term ambitions as prices have risen over the last few years, causing some to push back major life events.\u00a0<\/p>\n

Major life goals will vary from person to person, but common ones include getting married, starting a family, buying a first home, investing, starting your own business, or building your pension savings.\u00a0\u00a0<\/p>\n

According to research by Novuna Personal Finance<\/a>, over one in five 25-34 year-olds think that major life events, such as getting married, starting a family, or owning property are unattainable.\u00a0\u00a0<\/p>\n

We\u2019ll find a professional perfectly matched to your needs. Getting started is easy, fast and free.<\/p>\n

Find a financial adviser<\/a>How can a financial adviser help?\u00a0<\/p>\n

While these long-term goals can appear daunting, expert financial advice can be useful as it can provide a clear plan for reaching these milestones.\u00a0\u00a0<\/p>\n

While there are things young people can focus on solo, such as creating a budget, building a good credit score, and establishing an emergency fund worth three to six months\u2019 worth of expenses, there are areas an adviser can add value.\u00a0\u00a0<\/p>\n

An adviser can be particularly useful in ensuring you use any tax allowances or reliefs, which can be helpful if you\u2019re starting your own business or building your pension pot.\u00a0<\/p>\n

If you\u2019re planning to get married, buy a home, or start a family, a financial adviser can help find tax-efficient ways to save money and alleviate costs via government allowances and schemes.\u00a0<\/p>\n

They can also help you plan for the future, so you can have a comfortable retirement when the time comes, or with estate planning, so that you can pass on your assets to loved ones.\u00a0<\/p>\n

There are other areas where a financial adviser can offer support, such as finding the right insurance policy to help protect you and your loved ones if the unexpected happens.\u00a0\u00a0<\/p>\n

Various insurance policies include:\u00a0<\/p>\n

Investing and retirement planning are other areas where a professional financial adviser can add value. <\/p>\n

They can help you decide on a long-term strategy in line with your risk appetite and personalised goals, as well as help you reduce any fees or consolidate any pensions.\u00a0\u00a0<\/p>\n

What to consider when seeking financial advice\u00a0<\/p>\n

Before you seek advice from a qualified financial adviser, it\u2019s worth considering what you\u2019re hoping to achieve.\u00a0<\/p>\n

For example:\u00a0<\/p>\n

Do you have a financial goal you want to achieve? Is there a desired timeframe in mind to achieve this goal?\u00a0<\/p>\n

Which area of your finances do you need help with? This could be short or long-term. You may need help consolidating your pensions, buying a house, or creating a long-term retirement plan.\u00a0\u00a0<\/p>\n

Does investing in your pensions factor into your financial goals?\u00a0\u00a0<\/p>\n

Do you have an idea of what your retirement will look like?\u00a0\u00a0<\/p>\n

Are you keen to get on top of legacy and estate planning?\u00a0<\/p>\n

When you consult a financial adviser, your initial consultation is usually free, and they should be able to let you know any information about fees before you confirm if you want to proceed.\u00a0\u00a0<\/p>\n

There are many benefits to seeking financial advice, as you\u2019ll get personalised recommendations based on your unique circumstances and financial plans.\u00a0<\/p>\n

An adviser can help you navigate ever-changing financial policies and regulations, as well as save you time, money and stress.\u00a0<\/p>\n

Recent research from Unbiased<\/a> has found that among those who received expert advice, some benefits included a clearer understanding of financial goals and creating a more diversified investment portfolio (36% for both) and lower stress (26%).\u00a0\u00a0<\/p>\n

Get expert financial advice\u00a0<\/p>\n

Navigating your finances and reaching your long-term objectives can be tricky, regardless of your stage of life.\u00a0<\/p>\n

Unbiased can match you with a qualified financial adviser<\/a> who can recommend the best course of action based on your unique circumstances.\u00a0<\/p>\n

We\u2019ll find a professional perfectly matched to your needs. Getting started is easy, fast and free.<\/p>\n

Find a financial adviser<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s becoming more expensive for young people to reach their long-term goals, whether it\u2019s buying their first home,…\n","protected":false},"author":2,"featured_media":106235,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":["post-106234","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-personal-finance","tag-personalfinance","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/106234","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=106234"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/106234\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/106235"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=106234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=106234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=106234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}