Three-quarters of IFAs say client allocation held stead during pandemic: survey

Almost three quarters (72%) of financial advisers have left their clients' asset allocations the same throughout the volatility caused by covid-19, according to a study published today. Research from Canada Life Asset Management today reveals this hands-off approach taken by advisers, with only 14% taking steps to reduce their clients' exposure to riskier assets, such as emerging market equity or high-yield bonds. This long-term view is mirrored by their clients' investment goals which ...