Advised clients less anxious about cost of living crisis

The research, conducted among more than 200 financial advisers, found that inflation and market volatility are the greatest concerns for customers, followed by the impact of interest rates on mortgage payments. Emotional support was identified by two thirds (66%) of advisers as the greatest benefit of financial advice, providing peace of mind and reassurance which helps clients to feel more confident about money, Royal London detailed. "Rising costs are having a dramatic impact on people and their emotional health and it's at times like this with so much economic uncertainty that an a...