Investors encouraged to adopt bolder risk outlook

A poll of 204 UK-based IFAs discovered that almost half of advisers, or 44%, believed clients could be neglecting investment opportunities based on their desire to maintain a cash position. Despite clients appearing "skittish", 60% of advisers still chose not to advise their clients to protect existing assets but rather encouraged clients to consider taking on more risk. Alliance Bernstein pensions strategies managing director Tim Banks said investors should be prepared for a rise in interest rate and a gradual increase in the yield curve, measured over several years. He said: "Peo...