Advisers predicting 'business as usual' post-pandemic

One in 25 sought advice for the first time

Hannah Godfrey
clock • 1 min read

Advisers have remained resilient during the coronavirus crisis and more than two-thirds expect business to return to usual within three months.

According to research from Royal London, feedback from 96 advisers in April found more than two-thirds (67%) said they expected to see business return to usual within three months of the "end of Covid-19". While demand for new business has dipped, advisers said they are spending more time speaking with their current clients. Six in 10 advisers have experienced inbound contact from clients increase by 25%, with demand for reassurance on investments, information on furlough, self-employment and payment deferrals. Demand has also grown for protection products, and Royal London said mo...

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

UK inflation lowers to 2.5% in December

UK inflation lowers to 2.5% in December

Down from 2.6% in November

Sorin Dojan
clock 15 January 2025 • 2 min read
Brooks Macdonald eyes move to London main market from AIM

Brooks Macdonald eyes move to London main market from AIM

FUM unchanged in Q4

Cristian Angeloni
clock 15 January 2025 • 2 min read
Brown Advisory changes leadership structure with co-CEO appointment

Brown Advisory changes leadership structure with co-CEO appointment

Logie Fitzwilliams promoted

Beth Brearley
clock 14 January 2025 • 1 min read