Advisers concerned about impact of stock market collapse on pension drawdown - Vitality

‘Particularly in light of inflation’

Ayesha Venkataraman
clock • 1 min read

Almost a quarter of surveyed advisers saw a potential stock market collapse as the biggest threat to clients in drawdown, according to research by Vitality.

The investment provider surveyed 204 IFAs in February 2022 and found that, when thinking of client drawdown strategies, a stock market crash was the chief concern among 23% of them, twice as many as the 11% of advisers who said so in a similar survey in February 2021. Additionally, the research revealed 15% of advisers believe regulation is the biggest threat to drawdown, closely followed by sequencing risk (14%) and underestimating one's own life expectancy (14%). Justin Taurog, managing director of VitalityInvest, said: "According to our research, advisers fear that the biggest thre...

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

PA Asks: How much confidence do you have in chancellor Rachel Reeves?

PA Asks: How much confidence do you have in chancellor Rachel Reeves?

This week’s poll also looks at SIPP operator concerns and cryptocurrency

Professional Adviser
clock 17 January 2025 • 1 min read
Feel Good Friday: Cirencester Friendly's financial support initiative gives £69,116 in 2024

Feel Good Friday: Cirencester Friendly's financial support initiative gives £69,116 in 2024

Its 125 Foundation provides support to members suffering hardship

Professional Adviser
clock 17 January 2025 • 1 min read
Rathbones hit by £3.4bn Autumn Budget outflows but FUMA on the rise

Rathbones hit by £3.4bn Autumn Budget outflows but FUMA on the rise

Migration into single platform in H1 2025

Cristian Angeloni
clock 16 January 2025 • 2 min read