Advisers predict big retirement Covid hit in face of client optimisim - Embark

Clients more confident on retirement prospects

Jenna Brown
clock • 2 min read

Post-Covid retirement provision predictions made by advisers greatly differ from those of their more confident clients, according to the latest results of the Embark Investor Confidence Barometer.

Embark said the results of its half-yearly survey of 1,000 people, revealed a "worrying divergence" of opinion on retirement prospects.  It said only 28% of advisers surveyed thought more than half of their clients would have sufficient money to meet their retirement plans, citing the pandemic as the main reason. However, the research also revealed the majority of advised or unadvised investors had faith they would have enough money to fund their retirement plans. The Confidence Barometer, conducted by Censuswide, found more than two-thirds (69%) of people with an adviser felt conf...

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