Advisers bullish on sector prospects but waiver on UK economic outlook - survey

Standard Life adviser survey

Jenna Brown
clock • 2 min read

Confidence in the advice sector remains high among financial planners with more than 90% saying they are optimistic about their job and business prospects but positivity on the UK's economic bounceback has dropped, data from Standard Life shows

The provider's bi-annual survey of 250 UK financial advisers found 93% were confident about their own job and the same amount were positive on prospects for their firm. This was slightly down on last year when the survey showed 95% and 96% respectively. Confidence in the UK's economic recovery was markedly down on Q2 2020 with 57% saying they were optimistic. Standard Life said this was down ten percentage points on the previous survey results. Standard Life UK distribution director Caroline Miller said: "Even amid challenging economic conditions, it is hugely encouraging to see advis...

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 Your profession

Advisers urged to use value for money 'checklist' on providers

Advisers urged to use value for money 'checklist' on providers

Hymans Robertson shares questions IFAs should ask

Isabel Baxter
clock 25 July 2025 • 3 min read
SimplyBiz CEO warns of advice sector 'polarisation'

SimplyBiz CEO warns of advice sector 'polarisation'

Important to continue supporting smaller firms, Tom Hegarty tells PA

Isabel Baxter
clock 24 July 2025 • 5 min read
PFS invests £1m in future talent

PFS invests £1m in future talent

Key that financial planning tackles 'mistrust' and knowledge gaps

Sahar Nazir
clock 23 July 2025 • 2 min read