Brexit and Covid drive advisers to update CIPs - research

For those advisers that either updated their CIP or expect to shortly, the impact of the Covid-19 pandemic (66%) and Brexit (45%), were cited as the core drivers for reassessing their proposition. Furthermore, market volatility (37%) and a perceived shift in investment landscape (34%) were other factors that drove advisers into. Regarding the options available to advisers, the selection of third-party multi-asset funds (40%) came top, while a model portfolio service (22%) was the other prime investment proposition cited.  Momentum Global Investment Management chief executive Ferdi ...