A survey for the Chartered Institute for Securities & Investment has found that a majority of financial services practitioners have indicated that Brexit would be bad for their clients.

Annuities may become the most popular option for retirees if Britain exits the European Union in June, the founder of eValue believes.

A survey of users by adviser technology company Intelliflo has found that half would welcome the UK leaving the EU with nearly two thirds (62%) saying it would have a positive or neutral impact on the long term future of the UK.

A poll to find out if financial advisers think leaving or staying in the EU is best for clients and the sector as a whole was almost a dead heat.