'The worst thing you can do is react': The Verve Group advice to investors amid coronavirus crisis

Support for advisers and clients

clock • 2 min read

Adviser compliance and support firm The Verve Group has rolled out a host of measures to assist financial planners through the coronavirus period, including ways to help investors buy into, rather than sell out of, the low market.

Verve wrote to advisers it works with on Thursday (19 March) with a draft letter to inform them of 10% market falls inevitably occurring, to align with Markets in Financial Instruments Directive II requirements. Additionally, Verve issued advisers a template for client suitability reports to assist investors wishing to take advantage of the current market. The Verve Group founder and director Cathi Harrison explained that many investors were wishing to "take advantage of the opportunity of investing while markets are so low". "We expect new demand to increase. We have therefore cre...

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