Majority of advisers see clients make financial decisions without them

The survey of 250 UK financial advisers and wealth managers found that more than one-third of advised clients do not update their financial advisers on material information about changes in financial circumstances, with 31% of advisers suggesting this is because the clients lack understanding of their role and the support they can provide. It also found that advisers use tools for budgeting and expense tracking (37%), retirement planning (36%), and investment tracking (34%) as part of their offering. Only just over a quarter (27%) provide clients access to portals where clients can acces...