MetLife launches 'capacity for loss' adviser toolkit

The toolkit, which can be downloaded, includes video material with opinions from Gary Kershaw, compliance director of SimplyBiz, and Better Retirement Group's Billy Burrows, who helped develop the guide. The company will also provide updated case studies and a new online capacity for loss and risk profile questionnaire. The Financial Services Authority defines 'capacity for loss' as a "customer's ability to absorb falls in the value of their investments," with advisers required to take this into account when providing advice. MetLife UK managing director, Dominic Grinstead, said: "...