Concerns about the cost of living crisis, stock market volatility and the Russia/Ukraine war have led to a sharp rise in bearish sentiment amongst financial advisers and their clients, from just 12% in November 2021, to 57% in May 2022, according to recent research by Schroders.
The Schroders' 2022 UK Financial Adviser Pulse Survey revealed that correspondingly, only 7% were bullish in May 2022, compared to 41% in November 2022. The research, which sampled 225 UK financial advisers, also found that 69% of advisers expected that some of their clients would have to adjust their investment plans due to the cost of living crisis. Some 41% of advisers said in May 2022 they expected equity returns to be lower than historical averages over the next five years, compared to 20% in November 2021. Sentiment on fixed income remained more negative with 62% of advisers tod...
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