Against the current economic backdrop of high inflation and rising rates, cash has re-emerged as a strategic asset, yet financial advisers could be missing the opportunity to earn more for their clients.
The Bank of England has hiked rates by 50 basis points to 5%
‘Chaos’ in mortgage market as advisers grapple with Consumer Duty
'Clients have been living with high inflation and sustained rate rises'
2,400 in 290,000 transfers raised an amber flag warning
UK is 'suffering from a unique set of circumstances'
Single asset funds made up about 35% of all recommendations last year
Investors are now holding more cash than ever and with rising interest rates, this resurgence is not surprising.
Geopolitics has pushed the issue of energy security up the agenda over the past year, compounding an ever-growing consensus for the need to transition away from fossil fuels and towards renewables. Watch the video podcast to learn more.
'The window to solve the problem is fast closing'