Risk ratings determined by risk profiling tools are often different to those used by fund providers to rate their funds, making many portfolios potentially unsuitable for clients, a report has warned.
Research by CWC Research and consultancy the lang cat found a number of discrepancies in how outsourced portfolios are risk-rated by different providers and warned ratings changed considerably over time....
Questionnaires sent to firms
Expecting to recover around £200m
Financial regulators renew anti-pensions scam campaign
Our weekly heads-up for advisers