Better understand clients by getting your own financial plan, advisers told

'Exposing and unnerving'

Sophie King
clock • 2 min read

Jacqueline Lockie told delegates at PA360 that advisers can better understand clients by obtaining a financial plan of their own.

Speaking at the Professional Adviser's flagship event last Thursday, the Chartered Institute of Securities & Investment (CISI) head of financial planning joked that few in the audience seemed to put their hand up when asked if they have their own financial plan. But, making a serious point, she said that advisers can put themselves in clients' shoes by getting their own financial plan. Lockie said it can help advisers understand how "exposing and unnerving" it can be to be asked the types of questions clients are often asked. "Sometimes we can make assumptions about people, which is c...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Hitting milestones later in life could impact when people seek advice

Hitting milestones later in life could impact when people seek advice

People will likely be seeking financial advice later

Laura Suter
clock 19 April 2024 • 3 min read
Regulatory pressures taking a toll on industry stress levels

Regulatory pressures taking a toll on industry stress levels

'Regulatory pressures are the first thing on my mind’

Sahar Nazir
clock 19 April 2024 • 1 min read
Advisers blast FCA funding requirement of £755m 'inexorable'

Advisers blast FCA funding requirement of £755m 'inexorable'

‘I don’t really know what value I’m getting from the FCA – if any’

Hope Coumbe
clock 19 April 2024 • 2 min read