Advisers say inflation is the biggest threat for clients

Taxation is cited as a close second threat for clients, according to advisers

Isabel Baxter
clock • 1 min read

Inflation and taxation are what advisers believe clients regard as the biggest threats, according to HSBC Life.

Its The Three I's of Investment Capital report which included multiple tele-depth interviews including 200 advisers in each one, revealed that 35% of advisers cited inflation as the biggest threat to clients and 27% cited taxation. HSBC Life said that the fact that inflation has topped the list of threats is "no surprise in the current environment". It added: "This demonstrates the importance of delivering calm, well explained guidance and reassurance. In this environment, behavioural coaching backed by a deep understanding and application of tax treatments is by far the biggest contr...

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

FOS pushes ahead with CMCs complaint fee proposals

FOS pushes ahead with CMCs complaint fee proposals

Ombudsman writes to the Financial Conduct Authority

Isabel Baxter
clock 21 November 2024 • 2 min read
More than a third of advisers have not mentioned Consumer Duty to clients

More than a third of advisers have not mentioned Consumer Duty to clients

Only about a quarter of advisers have mentioned the regulation to clients

Sahar Nazir
clock 20 November 2024 • 2 min read
ISA reform 'under review' after absence in Budget and Mansion House

ISA reform 'under review' after absence in Budget and Mansion House

There are five different types of ISAs available on the market

Cristian Angeloni
clock 20 November 2024 • 3 min read