Only 1/4 advisers confident of meeting clients' retirement goals

Advised investors less pessimistic about their retirement prospects

Ayesha Venkataraman
clock • 3 min read

Only 25% of advisers were confident that most of their clients would meet their retirement goals, a drop from 34% when surveyed in March 2022, according to Embark.

The firm's  latest investor confidence barometer -  published today (31 October) - found that confidence fell by six percentage points for advised investors, down to 72% from 78% in March this year. This points to a growing confidence gap between advised investors and adviser, with the former more pessimistic about their clients' retirement prospects at a much faster rate than their clients. This pattern was reversed when it came to confidence in equity investment, with advisers significantly more bullish about equities than advised investors. In the survey, advisers appeared signific...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Retirement

Inflation shocks driving another long uptick in annuity sales

Inflation shocks driving another long uptick in annuity sales

‘Customers should be careful that this is the right decision for them’

Hope Coumbe
clock 23 April 2024 • 1 min read
Advisers warn market volatility will threaten retirement plans

Advisers warn market volatility will threaten retirement plans

More than half expect clients to postpone or change plans

Isabel Baxter
clock 26 March 2024 • 2 min read
Perfect timing: How to advise clients on the right time to retire

Perfect timing: How to advise clients on the right time to retire

Striking a balance between health, wealth and personality

Richard Hulbert
clock 05 February 2024 • 4 min read