Clients must be encouraged to embrace the risks of investing

Prevailing retirement planning advice ‘underscores the role of investing’

Hope Coumbe
clock • 1 min read

The concept of investing needs shifting away from the perception of being a “high-stakes gamble” to a strategic necessity, deVere Group chief executive Nigel Green says.

The comments come on the back of the firm's findings that almost two thirds (65%) of the new clients it took on last year were not saving enough for retirement. "History teaches us that well-managed investment portfolios have outperformed the returns offered by traditional savings vehicles," he added. "This outperformance is crucial for building a robust financial foundation, especially given the longer life expectancies, the increased costs associated with healthcare and other necessities in retirement, and reducing government financial support." Green continued: "As a society, th...

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

Professional Adviser TV: Industry still 'old fashioned' when it comes to LGBTQ+ inclusivity

Professional Adviser TV: Industry still 'old fashioned' when it comes to LGBTQ+ inclusivity

Financial planners must challenge unconscious bias, Castlefield says

Sahar Nazir
clock 20 June 2025 • 2 min read
Restricted and independent: Why the language of advice must move with the times

Restricted and independent: Why the language of advice must move with the times

'These labels matter because they influence how people view advice'

Roger Brosch
clock 20 June 2025 • 3 min read
PA Asks: What song would the current advice landscape be?

PA Asks: What song would the current advice landscape be?

Plus targeted support hopes, geopolitical tensions and PFS membership

Professional Adviser
clock 20 June 2025 • 1 min read