PA360 North: Advisers 'still' confusing capacity for loss and risk says Percival

Speaking at PA360 North, Professional Adviser's flagship northern conference, Percival (pictured) spoke to delegates about good and poor practices when assessing a client's capacity for loss. He said he "still" regularly saw firms confusing capacity for loss, which he said was about numbers surrounding affordability and a client's standard of living, with risk profiling, adding: "I would have thought the sector would have understood this by now". Adam Higgs: What should you look for in a risk-profiling tool? The former FCA technical specialist said the way advisers were approaching...