Lighthouse launches new client risk initiative

Lighthouse will offer its advisers a psychometric fact finding process, designed by Distribution Technology, which uses behavioural finance principles to create a client risk rating. Andy Gadd, head of research at Lighthouse, said: “This new initiative marks a major step forward in terms of matching client risk and asset allocation and stock selection.” A directly linked unfettered fund of funds, selected from F&C’s Lifestyle range, will then be used to give Lighthouse advisers the most appropriate fund to match asset class volatility and a client’s desired outperformance. In addi...