Sheriar Bradbury: Why UK advisers have less to fear from Brexit than most

Short-term business prospects enhanced

clock • 4 min read

Confidence may have been falling among financial services companies in the wake of the result of the referendum on the UK's membership of the European Union (EU), writes Sheriar Bradbury, but adviser businesses have less to fear from Brexit than most.

September's CBI/PWC business confidence survey revealed increasing Brexit anxiety across the financial services sector, but of course it is those UK businesses engaged in trade with our European partners that are most exposed. Most advisers' businesses are domestically-based and therefore insulated from the biggest risks of Brexit. Advisers do not sell their services into the EU, they are paid in sterling and their expenses are in sterling. Yes, macroeconomic factors always have an impact on the adviser sector, but the jury is still out on the long-term economic impacts of the UK's vote ...

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

News editor's view: Let's give it up for the small advice firms

News editor's view: Let's give it up for the small advice firms

The news editor's Friday Night Takeaway from 22 May

Isabel Baxter
clock 22 May 2026 • 4 min read
Women more likely to seek professional financial advice – research

Women more likely to seek professional financial advice – research

Twenty percent of women likely to seek advice

Sophia Panayi
clock 22 May 2026 • 2 min read
The expectation gap: Why suitable advice can still fail the client

The expectation gap: Why suitable advice can still fail the client

'The industry is moving from suitability, to understanding and now to expectation management'

Elly Dowding and Lee Coates
clock 22 May 2026 • 4 min read