Offshore advisers optimistic despite market slumps

clock

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 ...

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 uncategorised

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •