Offshore advisers optimistic despite market slumps

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Financial advisers outside the UK are still seeing resilient business volumes and potential for future sales despite global market volatility, according to Skandia International (SI).

Approximately 71% of the 250 advisers surveyed expect sales of offshore investment products to increase over the next 12 months. Business volumes also remain resilient, according to 65% of advisers, with a fifth experiencing an increase and 45% recording no change. Furthermore, when asked how market volatility has affected the mix of their business, nearly 45% of advisers say they have seen an increase in regular premium sales, indicating volatility has not had an adverse effect on investor confidence. "It's encouraging for the industry to see that despite the recent turmoil experienc...

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