Advisers needed by potential clients, FMA research shows

Part two of its investor confidence survey showed despite the majority (60%) of investors experiencing losses as a result of Covid-19, the outlook on investing was positive.

Most Kiwis (71%) were optimistic that the pandemic would pass eventually and markets would recover with time. Nearly a quarter (23%) were planning to increase existing investments or make new investments in the year ahead.

It found 11% of people were looking for an adviser to help review their investments.

Another 11% had already been working with their advisers.