Majority of advisers not serving clients with less than £100k - Canada Life

In a survey of 250 advisers, the life company found that regulatory change and increasing insurance costs has had a financial impact on their businesses. When asked what the minimum amount of assets it required to make it viable to take on a client, just one in six (16%) advisers said they would work with a client with less than £100,000. This is a significant drop from the half of advisers (50%) who said they would in 2014. Almost a third (27%), however, said they had no minimum amount of assets to take on a client.  What is more, around a third (35%) of advisers said they were chang...