Almost nine out of ten (87pc) financial advisers believe that the period of market turbulence will persist for the next few months, according to research undertaken by LV=. The poll of 250 financial advisers also revealed that under a third (31pc) believed that equity markets will rise over the next year, while 36pc have advised clients against taking on more equity-based investments, for the time being.
On the positive side, and despite the lack of market confidence, investments are set to remain a core part of advisers' business in the medium term. Eight out of ten (79pc) expect investments to form an...
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