Advisers most worried by compliance burden

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Advisers are most concerned about keeping up with regulatory and legislative changes and reducing the administrative burden, claims research from MetLife Europe.

In a survey of 100 advisers, carried out by George Street Research, MetLife - an affiliate of the US-based insurance organisation of the same name - says most advisers are worried about the burden of complying with regualtory and legislative change. The research shows 47% of advisers are most worried about legislative changes, while 44% worry about keeping up to date with recent changes in order to offer clients the right advice. In addition, MetLife says 40% of respondents feel reducing administration is a key priority, while 32% tend to worry most about implementing robust compliance...

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