Three-Quarters of UK Advisor Clients Optimistic - Survey

Nick Parmee

5 December 2007

Three-quarters of investors who saw an advisor before making portfolio changes are optimistic about their long-term financial prospects, according to a survey by Lloyds TSB Wealth Management. Investors who have consulted a financial advisor have the most confidence in the stock market at 38 per cent and 31 per cent of investors with a financial plan feel confident in the stock market. A total of 22 per cent of investors without a plan feel confident. The survey also looks at investor confidence following recent market turmoil, showing more than half feel well informed about the stock market activity over the past three months.