Advisers are telling their clients to prepare for a “lean year” of investment returns and are providing guidance on how to rebalance their portfolios to best survive the coronavirus crisis.
West Riding Personal Financial Solutions managing director and IFA Neil Liversidge on Tuesday (17 March) wrote to clients explaining how they could use the current crisis as an opportunity. "Stand-out opportunities created by major events do not happen very often, but when they do, we try to use them to your advantage. With your permission, therefore, we propose using the opportunity coronavirus has created," he said in the letter. "The FTSE100 is now heavily down from its all-time high. That fall means dividend yields are looking much more attractive on an all-market view. Some compa...
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