Advisers now more 'time-starved' and 'cost-constrained'

Customisation emerges as a prominent demand from advisers

Sahar Nazir
clock • 2 min read

Advisers are facing a new set of demands that are shaping the industry's trajectory, according to Legal & General Investment Management (LGIM).

Speaking to Professional Adviser, portfolio manager Francis Chua said advisers are now operating in a time-starved and cost-constrained environment with increasing demands on their daily schedules triggering a trend of greater delegation. Chua said advisers are entrusting more responsibilities to investment managers such as LGIM, which allows it to "work harmoniously with clients" and assist them in managing their finances. He added that customisation has emerged as another prominent demand from advisers. He observed a growing willingness to engage in conversations about tailored fina...

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