Money

As the cost-of-living crisis rages on, advisers are being forced to adapt to deal with clients experiencing financial hardship, perhaps for the first time. Here are some things they can do to support clients during these difficult times. Vulnerability  The cost-of-living crisis has more than a purely financial impact, it has a mental impact too. Clients struggling to make ends meet could feel pressured to take more risk with their investments to combat current inflation or to try to mitigate increased withdrawals. Where commission is paid, advisers should consider whether...