Over half of clients more concerned about capital loss than inflation

Inflation is still double the BoE’s target despite dropping from its record high

Sahar Nazir
clock • 1 min read

Clients remain most concerned about losing capital, according to Schroders’ latest UK Financial Adviser Pulse Survey.

The survey, which was conducted among 254 advisers, found more than half (59%) of clients ranked capital loss as their number one concern. This has remained consistent for the last two years. Meanwhile, inflation was ranked as the second greatest concern, and the proportion of clients who rank this as their number one concern has fallen from 32% to 22%. Schroders said the majority of advisers' clients are approaching retirement or have already retired, so maintaining the capital they have built up to fund their later years is a key objective. "Despite the obvious weakness in the ec...

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