Half of advisers bullish on 2021 business prospects - Charles Stanley

'Advisers have risen to the challenge'

Jenna Brown
clock • 2 min read

Almost half of advisers in the UK are confident about their business prospects in the coming year despite challenges posed by the ongoing pandemic, according to research from Charles Stanley.

Data from the wealth manager's white paper, Book of Stories 2.0, found 43% of 203 advisers surveyed had positive views on 2021. It also found almost a fifth (19%) had taken on more advisers to deal with client demand in the past year. Some 39% of advisers surveyed said the events of 2020 had boosted their confidence in their business, with just 4% admitting they were much less confident. Similarly, more than half (51%) of financial advisers said they were positive about the UK's economic future over the next 12 months and nearly two thirds (64%) felt the same about the next five years...

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

FCA to consult on pensions targeted support from December

FCA to consult on pensions targeted support from December

Consultation comes amid Advice Guidance Boundary Review

Sahar Nazir
clock 15 November 2024 • 2 min read
London Capital & Finance operated as Ponzi scheme, High Court rules

London Capital & Finance operated as Ponzi scheme, High Court rules

Now failed LCF raised £237m from 11,600 retail investors

Sahar Nazir
clock 15 November 2024 • 2 min read
Feel Good Friday: Square Mile charity quiz raises more than £16,000

Feel Good Friday: Square Mile charity quiz raises more than £16,000

Raises much-needed funds for Starlight Children’s Foundation

Professional Adviser
clock 15 November 2024 • 1 min read