The fear factor: People who aren't planning for their...

File Cabinet

November 02, 1997

The fear factor: People who aren't planning for their financial futures may be too scared to do it, according to a survey by Deloitte Consulting. The poll of 1,000 people across the country found 53 percent are scared that they don't know whom to trust when they're seeking financial advice. Those who are most scared tend to shy away from bankers, brokers and insurance agents -- probably the biggest purveyors of financial advice -- and instead talk to financial advisers or friends and relatives. And if they're going to buy financial products from bankers, brokers and insurance agents, 80 percent of those polled said they want to do it in person.

Pub Date: 11/02/97

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.