Advisers more concerned about general election than Brexit

Hoping for Conservative victory

Hannah Godfrey
clock • 2 min read

A third of advisers rank uncertainty surrounding Thursday's general election and its aftermath as a major concern for their business, making it a bigger worry than the ongoing Brexit process, according to research by MetLife.

A third (33%) of advisers canvassed by the group said the 8 June vote and its aftermath was a major concern for their business over the next three months. This compared with around a quarter (27%) of advisers who cited the triggering of article 50 as a major concern. That said, the research found nearly half (43%) of those surveyed thought Brexit negotiations were likely to have a negative impact on clients in traditional drawdown. The research was carried out by Pollright among a sample of 201 specialist retirement advisers in May. More than a quarter of advisers (28%) reported that ...

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 Your profession

Cazenove Capital to adopt SDR 'Sustainability Focus' label across three funds

Cazenove Capital to adopt SDR 'Sustainability Focus' label across three funds

Total of 16 labelled strategies across Schroders Group

Cristian Angeloni
clock 07 January 2025 • 1 min read
NextWealth: Access to advice will shrink in 2025

NextWealth: Access to advice will shrink in 2025

Advice gap to increase by end of year

Sahar Nazir
clock 07 January 2025 • 2 min read
Treasury Committee calls for evidence on Lifetime ISA amid calls for reform

Treasury Committee calls for evidence on Lifetime ISA amid calls for reform

Nine years after the introduction of the Lifetime ISA

Sahar Nazir
clock 07 January 2025 • 4 min read