Consumer trust isn’t something to be taken for granted, but reports from the UK, US and here at home are all pointing towards an uplift in trust levels around financial advice, which can only be a welcome development.
There are significant tailwinds behind the financial advice industry at the moment, but some major obstacles are still preventing advice practices from taking advantage of surging demand according to a new study from CFS.
‘Something new under the sun’: Ruffer releases its 2024 review
“Novelties have emerged in the financial system which heighten the risk of a crisis and could amplify market moves in the event,” writes Ruffer co-chief investment officer Henry Maxey in the 2024 Ruffer Review.
“These emergent features – the new things under the sun – are yet to be tested. When they are, investors will once again blame it on the weatherman.”
