Only 25% of advisers were confident that most of their clients would meet their retirement goals, a drop from 34% when surveyed in March 2022, according to Embark.
The firm's latest investor confidence barometer - published today (31 October) - found that confidence fell by six percentage points for advised investors, down to 72% from 78% in March this year. This points to a growing confidence gap between advised investors and adviser, with the former more pessimistic about their clients' retirement prospects at a much faster rate than their clients. This pattern was reversed when it came to confidence in equity investment, with advisers significantly more bullish about equities than advised investors. In the survey, advisers appeared signific...
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