Adviser business levels have picked up in the last four months, leading many advisers to believe there could be a return to normality in a year's time, according to an IFA survey by Fidelity FundsNetwork.
The Adviser Sentiment Index (ASI), which tracks the experience of 200 UK advisers on their business levels, found the amount of business carried out has risen since December 2008, although it is still lagging behind previous years. In April, the main ASI has risen to -1.27 from -1.52 in December 2008. Advisers plotted answers to a range of questions on a scale of -5 for 'dreadful' to 5 for 'excellent' to form the indices. The survey also found most advisers remain hopeful business will increase over the next three to six months, climbing back to 'normal' levels within 12 months. In te...
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