Investment Adviser News Financial Advisers Letting UK Investors Down In Their Time Of Need 18470797
Financial advisers letting UK investors down in their time of need
07 May 2010 / by Lois Avery
Investors are being let down by their financial advisors, according to research from Skipton international.
Following the stock market volatility of the last year and the UK crawling out of recession investors have been more desperate for advice and support from their financial adviser than ever. But figures show that advice has not sufficient for almost two thirds of investors with many saying they feel in the dark about the impact of the market turbulence on their money.
The survey asked 2,000 adults whether they had needed more support from their financial advisor. Almost 60 per cent admitted that they have needed more advice, however, over 60 per cent said they had not had their investments reviewed in over a year.
The investors most in the dark live in the London with 71 per cent saying they needed more help from their financial adviser in the last year. The age group most in need of the advice are those aged between 35 and 44 – those most likely to be thinking about the children’s futures.
Mark Fleet, managing director at Skipton Financial Services, said: “It is worrying to see that, at the time when investors most need support from their financial adviser, for the majority this advice has been severely lacking.
“The last year or so has been a nervous time for anyone who has invested for their family’s futures and it is vital that financial advisers communicate with their clients in bad times, as well as good. “
Click here for Fair Investment’s investment advisory service »
© Fair Investment Company Ltd
| Product Name | ISA Option | Income Yield | More Info | |
|---|---|---|---|---|
 |
Investec FTSE 100 Income Deposit Plan |  |
3.50% per annum |
More Info > |
| 6 year capital protected deposit plan paying a potential income of 3.50% annually or 0.28% monthly. Also available for Cash ISA and Cash ISA transfer. | ||||
 |
Income Maximiser | |
More Info > | |
| Seeks to achieve a target yield of 7% to generate a quarterly income, whilst offering the potential for some long-term capital growth. Save 100% on Initial Charges. | ||||
 |
Monthly Income Plus Fund | |
More Info > | |
| Popular monthly income fund that aims to achieve a high level of income whilst seeking to maximise total return through investing in high yielding corporate and Government bonds, together with UK equities. 100% discount on initial charges. Click here to view latest Fund Facts » |
||||
 |
Strategic Bond | |
More Info > | |
| Investing in higher yielding assets which will include most types of fixed interest securities, this fund aims to deliver a quarterly income to investors. Save up to 97% on Initial Charges. | ||||
 |
Invesco Perpetual Corporate Bond Fund | |
More Info > | |
| This highly popular investment fund aims to achieve a high level of overall return with relative security to capital. Income Paid to you twice yearly. Up to a 100% Discount off the Standard Initial Fund Charge. Click here to view latest Fund Facts » |
||||
 |
Artemis Income Fund | |
More Info > | |
| One of the leading UK Equity Income Funds. The Fund managers hunt out companies with strong free cash flow and solid balance sheets. Income is paid to you twice yearly. 100% Discount off the Standard Initial Fund Charge. Click here to view latest Fund Facts » |
||||
|
Invesco Perpetual High Income Fund | |
More Info > | |
| One of the UK’s most popular income funds, the Invesco Perpetual High Income has delivered consistently good long term returns through a variety of market conditions. Income is paid to you twice yearly. Up to a 100% Discount off the Standard Initial Fund Charge. Click here to view latest Fund Facts » |
||||
 |
M&G; Corporate Bond Fund | |
More Info > | |
| The M&G; Corporate Bond Fund is a conservative ‘blue chip’ sterling fund that aims to produce a higher return than UK government bonds. Income is Paid to you Quarterly. 100% Discount off the Standard Initial Fund Charge. | ||||
 |
Jupiter Merlin Income Portfolio | |
More Info > | |
| The Jupiter Merlin Income Portfolio fund aims to achieve a high and rising income with some potential for capital growth. Income Distributions are made to you quarterly. 95% Discount off the Standard Initial Charge. Click here to view latest Fund Facts » |
||||
The value of investments and any return from them can fall as well as rise and you may not get back the full amount invested. Please ensure that you read the Important Risk Information below.
