COVID-19 impact on financial advice: strong immediate impact, cautious optimism in the longer term

Within its extensive European network, FECIF has gathered the views of 16 experts across 10 countries (Germany, France, Italy, Spain, UK, The Netherlands, Belgium, Luxembourg, Switzerland, Czech Republic) with regards to the impact of COVID-19 on our industry. There is a strong consensus that COVID-19 has a clear negative impact on our sector’s activity, but also a shared view that things will re-start once the lockdown is over.