A quarter of UK adults (13m) said they expect their finances to worsen over the next three months as a result of the emergence of the Omicron Coronavirus variant.

Nearly half (46%) of advised clients have undergone a comprehensive review of their financial situation since the start of the Coronavirus pandemic, according to a new report.

Financial Planners expect little impact from the Government’s plans to move England into tougher Coronavirus pandemic restrictions.

Two in three advisers say that Covid-19 variants, including the Omicron variant, present the biggest threat to business in 2022.