United Kingdom
DFMs had already shunned UK ahead of record GDP plummet
‘We haven’t been adding to UK risk asset exposure either before the crisis broke out or during it’
60% of UK advisers turned away clients in past year
While Brits want local councils to recommended IFAs to help with later life planning costs
HMRC collects £120m through ‘plea bargain’ tax evader deals
Law firm expects investigations to rise to pay for cost of coronavirus-related economic assistance
Liquidity issues to hit over 800 firms in coming months
755 advisory and intermediary companies received government-backed loans during pandemic
Strategy revamp sees UK financial planner offer remote advice
Firm found 88% of consumers would be happy to conduct virtual meetings with their advisers