Market confidence slump is opportunity for IFAs: Axa

Only 23% of adults have the confidence to take financial decisions without advice, Axa Wealth's Omnibus Survey of 2,066 people says. When asked about stock market volatility, 25% of people surveyed with £50,000 or more invested were worried about the security of their money, Axa says. Of those with £75,000 or more invested, 16% were looking for some sort of guarantee to protect their capital. However, demand for stock market investment was still high. Of those with £50,000 or more invested, 54% believe the markets will outperform cash over the next five to ten years, the research s...