Advisers face tough environment due to Covid

Already, that was putting a lot of pressure both on customers and on their financial advisers. 

Pepper Money national sales manager Michelle Sargeant told a Financial Advice webinar said everyone in the industry was experiencing these difficulties.

“When we think of the environment we are in now, with Covid, people are either losing jobs or being employed in new jobs and there is a lot of emotion and disappointment in that."

“People's hours are being reduced, causing a strain on the family in terms of meeting their budgets ….. people are still having babies and getting married and also unfortunately, divorced.”