Financial advisers in the United Kingdom believe wraps and real estate investment trusts represent the most promising area for future growth, according to data released today by British-based research house Datamonitor.
The research said, however, that despite the optimistic view attaching to these two specific products, financial advisers in general believe sales of many savings products would remain unchanged over the next six months.
It said that away from protection products, financial advisers were most enthused about the inherent potential of wrap platforms and real estate investment trusts, while personal and self-invested pensions were also part of their favourite propositions.
The research said that the more upbeat outlook with respect to personal pensions was unsurprising given the recent increased desire from investors to exercise control over their retirement planning strategy.
