Just 16% of the 103 respondents who took part in the survey thought it would have a positive effect for clients, with 47% believing the impact would be neutral. The poll was carried out to mark the launch edition of the new digital Financial Planning Today magazine, which was published for the first time last week. See below for how to access the magazine, in which you will find the full article on Brexit.
A third of respondents believed it would negatively affect pensions and investment performance, with 16% disagreeing and saying it would be positive on that front.
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Paraplanner says Brexit good for Financial Planning
About 24% thought it would be positive for their business, while 26% thought the opposite, with the majority sitting in the ‘neutral’ camp.
But Andrew Elson, owner of Accredited Financial Planning firm Beaufort (Yorkshire), believes that Brexit will not have an adverse effect on clients’ wealth in the coming 2 years.
He said: “Most people will not notice any difference what so ever. It will all be a lot of noise around them.”
John Sloan, a Financial Planner at Navigator Financial Planning in Northern Ireland, insisted he felt calm about the whole scenario, saying: “Honestly, I don’t have many concerns at present time. If we leave the EU then there will more than likely be a messy divorce but after all is said and done I think we will be ok.
"At times like these we need to keep our heads and earn our crust because that is what clients need us and pay us to do.”
Tamsin Caine, Chartered Financial Planner at Smart Financial in Altrincham, admitted to some personal concerns relating to the economy and trade with the EU, which she said “will of course impact Financial Planning”.
For the full article, see the new digital Financial Planning Today magazine.
To receive the £6 magazine free of charge you must be a subscriber to our free daily website newsletters. If you are not already a subscriber and would like to see the launch issue of the new magazine please subscribe now below.
Financial Planning Today is a new 40-page digital sister magazine to this website
The new editorially-independent digital magazine has exclusive content produced by a team of experienced financial journalists in London.
Other editorial highlights in the launch issue include:
• Exclusive new features including The Client Hunter, Inside My Business, Planner Casebook and more
• Business growth tips and advice
• Paraplanning news and comment
• Comment and columns from leading planners and other leading figures in the profession plus an exclusive article from former Pensions Minister Baroness Ros Altmann
The magazine is being launched by Portfolio Publishing, publishers of Financial Planning Today and Sipps Professional websites, both of which offer daily news to thousands of professional financial advisers.
For editorial enquiries please contact: This email address is being protected from spambots. You need JavaScript enabled to view it.. For advertising enquiries, including jobs advertising, please contact: This email address is being protected from spambots. You need JavaScript enabled to view it. or 01895 678629.