International retirement funding gap widening

The latest findings from Skandia International’s Adviser Confidence Barometer research, shows that in the current economic climate nearly half (43.6%) of advisers say their clients have become increasingly risk averse - notably over the last quarter - which in turn meant IFAs say there is a marked lower demand for new investments.   What’s frustrating the majority of international IFAs is an awareness that while the number of clients with a retirement funding gap is high, they believe their clients are in a position to save but other factors stop them from doing so. A quarter of the respo...