The Big Question: Are advisers playing too safe in fear of mis-selling riskier products?

A recent report from KPMG said advisers may be playing too safe with client money for fear of being punished by the regulator for mis-selling riskier products. Do you agree that this is happening and, if so, what are the consequences?  Nigel Barlow is director of technical product development and marketing at Partnership It is difficult to comment on whether advisers are being unduly cautious in their asset allocation or their choice of products generally but retirement income is not a field with an even distribution of pain. In retrospect, it is easier to demonstrate that the bala...