Morningstar urges support for advisers amid high interest rates

Morningstar’s Sanderson: ‘Industry is not good at supporting advisers’

Sahar Nazir
clock • 2 min read

Financial advisers need support to help keep their clients invested, especially during high interest rate periods to maximise their long-term returns, according to Morningstar Wealth.

Speaking exclusively to Professional Adviser, Morningstar Wealth UK & international managing director Mark Sanderson explained that more than 70% of advisers reported that high interest rates were leading their clients to favour savings accounts over market investments. Sanderson pointed to the added pressure on advisers due to outdated platforms and technology, which were struggling to adapt to the current high-interest environment. "The industry is not good at supporting advisers. At Morningstar, we are trying to define what an adviser's role is," he said. "A lot of advisers have...

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

Autumn Budget 2025: Treasury rules out rumoured Budget pensions tax-free lump sum raid

Autumn Budget 2025: Treasury rules out rumoured Budget pensions tax-free lump sum raid

Was becoming a ‘great source of anxiety’ among savers

Professional Adviser
clock 12 November 2025 • 1 min read
Male-dominated image still deters women from financial planning

Male-dominated image still deters women from financial planning

Women’s Wealth Alliance report calls for CPD framework to close gender gap

Sahar Nazir
clock 11 November 2025 • 2 min read
Evelyn Partners exits employee benefits arm to 'refocus on wealth management'

Evelyn Partners exits employee benefits arm to 'refocus on wealth management'

Howden to acquire Evelyn Partners Financial Services

Sahar Nazir
clock 11 November 2025 • 3 min read