Nearly three quarters (69%) of individuals in the UK are considering seeking professional financial advice due to current market conditions, according to Hymans Robertson Investment Services (HRIS).
The firm's Consumer Survey 2023 surveyed over 1,000 individuals with investable assets of over £300,000 to look at their attitudes towards investments and their advisers. HRIS said clients have been affected by a global pandemic, ongoing conflict in Europe, and inflationary concerns. The research also found that over half (55%) of individuals said the current market conditions have impacted their retirement plans, while over a quarter (27%) said they are looking to increase the amount they put into their pension. When asked how frequently they would want to be updated on market con...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
