Six in ten Financial Planners expect to see an increase in assets under advice despite over half seeing their firms’ growth plans disrupted by the Coronavirus pandemic, according to new research.

More than seven in 10 adults (38m people) say that in the last 12 months their household has saved money as a result of reduced spending due to Covid-19, with 4.4m of households saving over £10,000 each.

The number of people who want to retire early has more than doubled during the pandemic from 4% to 10% and more people have clearer retirement plans.

Investors who regularly see a financial adviser are significantly more confident about their future financial prospects, according to a new survey for wealth manager and Financial Planner Sanlam.