Consumers are waking up to the follies of making knee-jerk investment calls as they become aware of opportunities missed and the returns they could have achieved in the four years since the 2008 financial crisis, according to one adviser.
Chris Dunston, managing director of Artavia Personal Financial Services, said clients are disappointed with the cash returns they have received in the period after entrusting their money with ‘safer' banks and building societies. He said the number of new clients he has seen since December had doubled from the previous year, and that many are citing their reasons for seeking out financial advice as the length of time that has passed since the crash. "Clients now realise that, had they taken a long-term approach to investment, they would have benefitted from significantly better return...
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