Families look to their fathers for advice

  • Story by: Anna Lawlor
  • Magazine: FinancialAdviser
  • Published Thursday , June 26, 2008

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Fathers are the most trusted financial advisers within families, according Call Credit, with 36 per cent of 18 to 24 year olds admitting to seeking fatherly financial advice.

The credit reference agency polled more than 2,000 adults and found that while younger people are happy to seek advice within the family, 54 per cent of over-45 year olds would not disclose financial details to family members.

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