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IFAs see surge in demand for cautious investment products, survey shows

Stockmarket volatility is causing IFAs to call for more cautious investment products according to research carried out by Axa.

The survey show 72 per cent of IFAs are seeing increased demand for cautious investment products and 38 per cent of IFAs reported they are now avoiding equity-based products. A further 20 per cent said they wanted capital protection and 18 per cent said deposit based investments are their clients&#39 preferred choice.

Axa investment marketing manager Mike Mumford says: “Unsurprisingly market volatility and uncertainty has dampened investor appetite for equity-based investments.”

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