Advisers urged not to let clients 'act too soon' ahead of Budget

Communication is about ‘staying calm and keeping clients focused’

Isabel Baxter
clock • 4 min read

It is important for advisers to stay calm and not to let clients act too soon ahead of the Autumn Budget, industry specialists have told Professional Adviser.

With the Autumn Budget approaching on 30 October and the daily commentary on what it might or might not contain, clients are looking for answers and it is easy for them to "get caught up" in the speculation, Benchmark head of financial planning Wesley Harrison told PA. "As advisers, it's our job to stay ahead of these conversations and provide the right balance of guidance and reassurance," he noted. Harrison said advisers at Benchmark are focusing on keeping things in perspective. "Clients will have read headlines about tax rises or cuts to pension reliefs, but most of it is just ...

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 Economics / Markets

Advisers urged not to let clients 'act too soon' ahead of Budget

Advisers urged not to let clients 'act too soon' ahead of Budget

Communication is about ‘staying calm and keeping clients focused’

Isabel Baxter
clock 22 October 2024 • 4 min read
Why the Bank of England needs to stop over-sharing

Why the Bank of England needs to stop over-sharing

'We are used to the comments of central bankers moving markets'

Laith Khalaf
clock 17 October 2024 • 4 min read
Looming rate cuts will be 'catalyst for investment shifts'

Looming rate cuts will be 'catalyst for investment shifts'

'A rate reduction means an improvement to the economic situation'

Julia Khandoshko
clock 30 September 2024 • 4 min read