Lessons from the recession

clock

Ann Dempster, managing director of Plum Software, looks at adviser strategies for recovery.

Reading the newspapers in the current economic climate can be a depressing experience – particularly if you work in financial services. It might seem to many advisers that the tough times are never going to end. But the economic cycle will continue, and eventually, growth will return to the economy.  We have seen a few positive indicators in the housing market recently, shares have rallied, and although we are not out of the woods yet, we can at least hope that we may be at the beginning of the end of the recession. Recessions can also be a fantastic learning experience for those busi...

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 Your profession

Advisers must tackle client behavioural bias for good outcomes

Advisers must tackle client behavioural bias for good outcomes

Mitigating behavioural biases builds trust with clients

Jenna Brown
clock 16 May 2024 • 1 min read
Nearly all advisers feel unprepared for AI integration

Nearly all advisers feel unprepared for AI integration

'AI technology will become far more prevalent'

Sahar Nazir
clock 15 May 2024 • 1 min read
Mental Health Awareness Week 2024: 'Collaboration is key'

Mental Health Awareness Week 2024: 'Collaboration is key'

Mental Health Awareness Week started 13 May and runs until 19 May

Isabel Baxter
clock 15 May 2024 • 7 min read