Less than two-thirds (63%) of advisers are segmenting their client base, despite being required to do so by the regulator's ‘PROD' rules, research from Schroders has found. The investment giant's research, which quizzed 130 UK advisers in November, found the number of advisers segmenting their client base was still falling below the regulatory requirement set by the Financial Conduct Authority (FCA). Less than two-thirds (63%) said they were segmenting their client base, up slightly from last year's survey results, which found just half (49%) of advisers segmented their clients. Si...
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