Safe, not sorry: Are advisers now too cautious?

A report published recently by KPMG suggested over-burdening regulation may be causing some advisers to de-risk retiring clients’ portfolios too soon. The report – UK Wealth Management at the tipping point? – said some advisers are playing “too safe” with their clients’ money by focusing heavily on lower risk products. But is this the case? We asked four industry figures… Peter Carter, product marketing director, MetLife “This is a process issue. Advisers who have an established process for assessing client attitudes to risk, and documenting that process, should have no regulatory c...