Over half of clients more concerned about capital loss than inflation

Inflation is still double the BoE’s target despite dropping from its record high

Sahar Nazir
clock • 1 min read

Clients remain most concerned about losing capital, according to Schroders’ latest UK Financial Adviser Pulse Survey.

The survey, which was conducted among 254 advisers, found more than half (59%) of clients ranked capital loss as their number one concern. This has remained consistent for the last two years. Meanwhile, inflation was ranked as the second greatest concern, and the proportion of clients who rank this as their number one concern has fallen from 32% to 22%. Schroders said the majority of advisers' clients are approaching retirement or have already retired, so maintaining the capital they have built up to fund their later years is a key objective. "Despite the obvious weakness in the ec...

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 profession

Editor's view: Challenging the 'male-dominated' advice narrative

Editor's view: Challenging the 'male-dominated' advice narrative

The editor's Friday Night Takeaway from 8 November

Jen Frost
clock 08 November 2024 • 3 min read
City minister backs plans to charge CMCs FOS complaint fees - reports

City minister backs plans to charge CMCs FOS complaint fees - reports

After new FOS case reports across sectors surged

Isabel Baxter
clock 08 November 2024 • 2 min read
Women in Financial Advice Awards 2024: Photos from the night!

Women in Financial Advice Awards 2024: Photos from the night!

Winners collected their awards at the WIFA 2024 ceremony on 6 November

Professional Adviser
clock 08 November 2024 • 1 min read