The festive period is predictably slow for advised business, but research suggests the drop in income can be significant.
A survey of more than 230 advisers by software provider Intelliflo found almost a third (29%) estimate losses in December of between 10% to 40% below what they would expect in an average month. More than half said the festive season results in lost business opportunities. Many advisers said the resumption of normal service may not occur until halfway through January. Some 53% of those surveyed said it is typically the second week of January before business returns to normal, with one in 10 (11%) saying it's at least the second half of January or later. Only around a third (34%) sai...
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