Offshore advisers optimistic despite market slumps

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Financial advisers outside the UK are still seeing resilient business volumes and potential for future sales, despite global market volatility, according to Skandia International (SI).

Approximately 71% of advisers questioned expect sales of offshore investment products to increase over the next 12 months. The firm surveyed over 250 financial advisers about the effects of market volatility on their business. Business volumes also remain resilient, according to 65% of advisers, with a fifth experiencing an increase in volumes and 45% seeing no change to business volumes. Furthermore, when asked how market volatility has affected the mix of their business, nearly 45% of advisers said they have seen an increase in regular-premium sales, indicating volatility has not had ...

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