HELPING YOU TO GIVE MORE ADVICE
During the challenging times brought about by the COVID pandemic , we saw the demand for , and the value of , advice soar . Since then , this increase in demand has continued , as consumers battle with the latest wave of challenges – rising inflation and interest rates , fluctuating markets , the cost of living crisis , and more .
As we embark into a new year , we asked advisers how they viewed the future of advice and to share with us their aspirations for the coming months – here ’ s what you told us ...
A POSITIVE OUTLOOK
Whilst 2023 posed a number of new challenges , advisers stayed resilient , the number of clients seeking quality advice continued , and there is real positivity about the future ...
46.5 %
OF ADVISERS SAW AN INCREASE IN CLIENTS
The number one focus for advisers both last year and looking forward to 2024 was to further grow their client banks .
61.5 %
OF ADVISERS ( 69.8 % OF MORTGAGE ADVISERS ) FEEL POSITIVE ABOUT THE YEAR AHEAD
( note : 25 % said they were unsure and wanted to see how the year started )
The demand for advice seems to be inevitably linked to the continuing issues today ’ s consumer faces ...
Market conditions dominate client conversations with discussions around the effects on ...
INVESTMENTS ( 24.3 %)
INTEREST RATES ( 20.7 %)
RETIREMENT PLANNING ( 19.9 %)
On the mortgage side ...
MORTGAGE RATES AND PAYMENTS ( 32.10 %)
INTEREST RATES ( 31.4 %)
... dominate topic of conversation .
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