Advisers warned: volatility ‘permanent’
Rod Oram, a business journalist with more than 30 years' experience, will be speaking at this week's Institute of Financial Advisers conference about business trends looking ahead to 2020.
His message, he said, is that the current market volatility is not just a moment of turbulence that the world's economy will pass through; instead, he believes it is a permanent feature.
"The scale and pace of change in the world economy, financial systems, technology, consumer markets and the rest is accelerating very rapidly... volatility is increasing and is now a permanent condition," he said.
However, Oram said this volatility would provide financial advisers with new opportunities as well as new challenges.
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