risk profiling

Advisers and providers are warning further clarification is needed on a number of "grey areas" following the FSA's clamp-down on risk-profiling tools.

Risk-profiling tools are imperfect models which threaten to turn the art of investing into an imprecise science and should only be used as a guideline, says Ian Lowes.

Merchant Investors, part of Sanlam UK, has launched a risk profiling tool designed to give a more complete picture of a client's approach to risk.

IFA technology partner Parmenion has taken over the management of Investment Risk Profiler from Silent Partner.

Distribution Technology (DT) has launched a version of its risk profiling tool for the iPhone.

Scottish Widows is launching a long-awaited online portfolio tool next month which allows the investment adviser to select suitable funds for clients from the whole of the UK investment market.

Psychometric risk profiling software is being launched for IFAs in the UK next month which is already used by financial planners in the US, Australia and New Zealand.