Client risk complacency big concern to advisers - research

The survey, which questioned 2,775 financial advisers globally including 300 from the UK, found 82% said their clients were complacent about risk and 79% said clients did not recognise risk until it had already been realised.  Some 40% of advisers in the UK specifically said their clients reacted emotionally to increased volatility, and 78% of advisers globally felt they had to act as a "voice of reason" during highly volatile periods.  This rising volatility was cited as a threat to investment performance by 56% of advisers and 55% said it was their top portfolio risk. Other risks na...