Labour and market outlook deteriorates after growth stalls for one year

The most recent findings from Quantum Advisory’s quarterly Fiduciary Management (FM) Dashboard have been unveiled, shedding light on the current state of play in fiduciary management. This report provides valuable insights into the trends and developments within the industry, offering a comprehensive overview of the landscape.

One particular area of interest highlighted in the report is the market outlook, which has experienced a noticeable downturn over the past year. Lindsay James, an investment strategist at Quilter, expressed concern over the stagnation in growth following the first year of the Labour government. This lackluster performance has led to a souring of investor sentiment, with many stakeholders voicing their apprehensions about the future.

Despite these challenges, there are signs of hope on the horizon. Targeted Support, a new initiative aimed at addressing the support gap for non-advised individuals, has emerged as a major step forward in ensuring that millions of people receive the assistance they need. This targeted approach is designed to provide tailored support to those who may not have access to traditional advisory services, particularly in the realm of retirement planning.

By offering specialized assistance to non-advised individuals, Targeted Support has the potential to revolutionize the way in which people approach their financial futures. By bridging the gap between those in need of guidance and the resources available to them, this initiative could pave the way for a more inclusive and accessible financial ecosystem.

The introduction of such programs represents a significant shift in the industry, marking a departure from traditional models of advisory services. As more emphasis is placed on addressing the unique needs of individual investors, the potential for positive outcomes and long-term success becomes increasingly promising.

Overall, the findings from Quantum Advisory’s FM Dashboard paint a nuanced picture of the current state of fiduciary management. While challenges persist in the form of market volatility and economic uncertainty, there are also opportunities for growth and innovation on the horizon. By embracing initiatives like Targeted Support and remaining vigilant in the face of changing market conditions, stakeholders can navigate the complexities of the financial landscape with confidence and resilience.