More than quarter of advisers have 'inconsistent risk definition'

A quarter spend half a day on investment reviews

Victoria McKeever
clock • 2 min read

More than a quarter (29%) of advisers do not have a consistent definition of risk, according to a poll of attendees at the annual Dynamic Planner conference.

While less than three-quarters (71%) said they used the same definition for risk profiling, portfolio reviews, as well as research and recommendations, the remaining portion of the 250 attendees did not. "We need to be really careful here, the regulator is asking increasingly penetrating questions about how you're assessing risk of investors versus the risk of investments," said Dynamic Planner founder Ben Goss (pictured). "Getting those two in sync is really key." Goss said the regulatory landscape was set to "step up a gear" in the coming year, with the continued implementation of t...

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