Member Article

UK finance advisers’ confidence gains momentum

Financial advisers from across the country say their confidence in the future of the UK’s economy has grown significantly in the last 12 months.

The Quilter Cheviot Investment Symposium, which was held at Liverpool Town Hall, saw more than 200 leading finance professionals come together to discuss current trends and industry affairs.

According to feedback from attendees, 74 per cent attributed the rise in confidence to improved investment returns, an increase in growth figures and the respondents’ self-confidence in their own business’ performance.

Despite growing fears for the overall stability of the global economy, which was reported as the biggest concern for the year ahead, 74 per cent of attendees also claimed they felt ‘fairly confident’ in the Government’s recovery strategy, but believe maintaining low interest rates is key in ensuring this continues.

The majority of the attendees also claimed they would feel most confident investing in equities in the year ahead (67 per cent), which was the preferred asset class for investment.

Simon Walker, Executive Director of Quilter Cheviot in Liverpool, said: “It’s tremendously reassuring to see such a significant rise in confidence within the adviser market. Understanding our clients plays a fundamental role in the services we provide to them.

The event was a great success and we’d like to thank all of our guests for their time and feedback.“

Some 14 partnering companies were involved at the event held last month. Speakers included Quilter Cheviot Chief Investment Officer Duncan Gwyther and Investment Director Claudia Quiroz.

Quilter Cheviot focuses primarily on structuring and managing bespoke discretionary portfolios for private clients, charities, trusts, pension funds and intermediaries and enjoys strong relationships with independent financial advisers.

The company advises clients across the UK and is one of the country’s largest independently owned discretionary investment firms and leading manager of SIPP assets, with offices in 13 locations across the UK, Jersey and Ireland. It currently manages over £15bn* of funds.

The investment conference, which covered technical, investment and consultative affairs, was followed by a drinks reception and dinner at the town hall.

This was posted in Bdaily's Members' News section by Simon Malia .