Few advisers raising charges despite inflation threat to their business

Research looks at how inflation is affecting advice firms

clock • 1 min read

A survey of advisers has found inflation is their top business challenge, however, the vast majority are not passing on the costs to clients.

CoreData Research surveyed 266 UK-based financial advisers in August 2022 and found that 31% felt that inflation was the biggest business risk. This was followed by: volatile markets (21%); the Ukraine crisis and geopolitical tensions (16%); and regulation (14%). However, despite this inflationary concerns, advisers have not been passing on the costs to their clients and do not plan to. One in seven advisers say their firm has or plans to increase rates due to inflation. Advisers are concerned that inflation, which has increased the cost-of-living for the UK population, will widen the...

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 Business

Funding an advice firm acquisition and what lenders really want to see

Funding an advice firm acquisition and what lenders really want to see

Lenders are not looking for a perfect firm

Simon Palmer
clock 29 October 2026 • 4 min read
Sell or grow? Navigating growth, succession and exit planning

Sell or grow? Navigating growth, succession and exit planning

Act, do not procrastinate

Roderic Rennison
clock 29 October 2026 • 3 min read
How advice firms can scale without losing their soul

How advice firms can scale without losing their soul

'I have seen first-hand how scale also introduces complexity'

Apiramy Jeyarajah
clock 26 October 2026 • 5 min read