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Opportunities with emergency Budget

Unbiased.co.uk chief executive Karen Barrett says the coalition Government and forthcoming emergency Budget will see many business opportunities for IFAs.

She said in the run-up to the election, Unbiased.co.uk saw a 70 per cent rise in the numbers of consumers looking for financial advice compared with the first quarter. She said some of this increase can be put down to the usual spike in business at the tax year-end but she suggested the political uncertainty also increased enquiries.

Barrett said: “We are seeing consumer appetite for financial advice staying strong and I would expect that, with any emergency Budget and tinkering around with tax regimes, that is all fodder for consumers to meet with their IFA and take advice.”

Opinium associate director Matt Webster said the firm’s IFA research before the general election suggested huge concern about a hung Parliament, including the effect on the stockmarket and financial regulation reform.

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