One third of clients more risk averse post-pandemic

A third (33%) of advised individuals want less investment risk than they did before the UK went into lockdown, according to new research from abrdn. However, a quarter (27%) of the 1,000 advised individuals polled by abrdn said they wanted more risk, with both groups citing capacity for loss as a contributing factor. Half (50%) of those that are happy to take on more risk also cited greater confidence in the advice they receive. A third (33%) said they now want to take less risk wit...