Advisers back Labour/SNP coalition in hung parliament

Laura Miller
clock

Financial advisers across the country would prefer a coalition government comprised of Labour, the Scottish National Party (SNP) and Welsh national party Plaid Cymru over one formed by the Conservatives, Liberal Democrats and UKIP, according to a poll.

Website Panacea Adviser surveyed advisers during the two weeks leading up to election day on 7 May, when Britons cast their votes for who they want to lead the country for the next five years. The results of the poll suggest advisers' support for a more left-leaning coalition is overwhelming in the event of a hung parliament where no one party wins enough of a majority to govern alone, with 90.5% preferring a Labour, SNP and Plaid coalition. More than 800 visitors to the adviser website voted. The Panacea Adviser poll results stand in stark contrast to an earlier similar survey car...

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 Regulation

Consumer Duty Alliance launches data forum to help with FCA expectations

Consumer Duty Alliance launches data forum to help with FCA expectations

Chaired by Model Office’s Chris Davies

Isabel Baxter
clock 26 June 2025 • 1 min read
'Risk aversion' from FCA and PRA limiting UK growth and competitiveness

'Risk aversion' from FCA and PRA limiting UK growth and competitiveness

Regulators 'constraining firms', House of Lords report claims

Patrick Brusnahan
clock 13 June 2025 • 2 min read
FCA targeted support communication to 'ramp up' as further guidance issued

FCA targeted support communication to 'ramp up' as further guidance issued

Regulator expected to update the industry this month

Isabel Baxter
clock 09 June 2025 • 5 min read