Advisers must discuss a Brexit

John Lappin

Whether reform is best done under the threat of leaving is beside the point. Advisers should hope Mr Woodford is right when it comes to the (lack of) economic impact. But if you are keen to minimise the risks to the economy, a referendum is arguably not the best way to go about it.

To leave, in my view, also carries plenty of political risks, and it’s worth emphasising that fund managers don’t have a great track record in assessing these – nor working out how they translate for economies and markets.

Article continues after advert

John Lappin writes on industry issues at www.themoneydebate.co.uk