Advisers shy away from challenging clients on their attitude to risk, despite evidence suggesting funds with higher risk ratings were more likely to give stronger returns in the long-run, according to research from FE.
The study of 210 advisers found 71% only "occasionally" encouraged their clients to take more risk to help them reach their financial goals, while 11% never attempted to do so. The remaining 18% said they...
'Truly making a difference'
Avoidance, evasion and non-compliance
From 6 April 2019
Marcus Brookes appointed CIO