Tim Sargisson: Surviving Groundhog Day and being a 'safe pair of hands' for clients

Punxsutawney Phil

clock • 3 min read

We may feel like we are trapped in the classic '93 movie Groundhog Day but there is some light at the end of the pandemic tunnel, writes Tim Sargisson. Until then it is essential the inhabitants of 'adviserland' sit tight, communicate with clients and stick out those six more weeks of winter...

Welcome back to a new year of advice. You could be forgiven for thinking we are all playing the role of Phil (Bill Murray) in the movie Groundhog Day as we return to a rerun of lockdown. A case of life imitating art maybe? An increasing number of people across the country are impacted by these developments. However, the impact on the wider advice community by this ongoing disruption has been laid bare. Earlier this month the FCA warned that significant numbers' of small and medium-sized firms could fail over the next 12 months if the economic disruption of Covid-19 lingers. The watchd...

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

From the annual review to the 'always on' adviser/client relationship

From the annual review to the 'always on' adviser/client relationship

'Regular reviews will still play an important role, but clients' lives do not follow a servicing calendar'

Tessa Lee
clock 28 July 2026 • 4 min read
Number of British millionaires drops to lowest level since 2008

Number of British millionaires drops to lowest level since 2008

Estimated number of 442,000

Sophia Panayi
clock 28 July 2026 • 3 min read
Tessa Lee: The invisible cost of poor client data

Tessa Lee: The invisible cost of poor client data

How can you improve data quality?

Tessa Lee
clock 23 July 2026 • 4 min read