Define volatility as 'likelihood of reaching your goal' - PA360 panel

'Uppy-downy-ness'

Sophie King
clock • 2 min read

A three-person panel on volatility at PA360 said it was important advisers defined it to clients, with one speaker suggesting it should be talked of in terms of whether a client will reach their end-goals.

Panellist Graham Bentley said it was important to define what volatility was with a client, remembering how a former colleague had once described the idea as "uppy-downy-ness". "Depending on what kind of client you have - whether you're in the accumulation phase or whatever you want to call it - volatility can essentially disappear over time," argued the GBi2 managing director. "If you measure volatility by the degree to which your end result varies from what you might expect it to be, then that is purely the case." Bentley continued: "Explain that markets do go up and down and then f...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Canada Life to sell onshore bond business to insurance firm Chesnara

Canada Life to sell onshore bond business to insurance firm Chesnara

Strategic review prompts transfer as Chesnara expands life and pension portfolio

Sahar Nazir
clock 23 December 2024 • 1 min read
Happy holidays from Professional Adviser

Happy holidays from Professional Adviser

Regular newsletters and content will resume on 2 January

Jen Frost
clock 23 December 2024 • 1 min read
The state of financial vulnerability in 2024 and what 2025 holds

The state of financial vulnerability in 2024 and what 2025 holds

'Most firms are now heading in the right direction with their vulnerability processes'

Richard Farr
clock 20 December 2024 • 3 min read