In his first column for Professional Adviser, Phillip Wickenden looks at how advisers can secure the best outcomes for clients with financial vulnerabilities, some of which may be hidden...
Financial vulnerability has rightly been in the news a lot this past year and Sam Thompson's exuberant exploits in the jungle have shone much-needed light of the challenges of neurodiversity (as well as giving the rest of the world a glimpse of what my partner has to put up with on a daily basis!) The Financial Conduct Authority (FCA) now estimate as many as one in every two adults are possibly at risk of financial vulnerability - a staggering 27.7 million UK adults. For many advisers, dealing with vulnerable clients is nothing new. Providing quality, tailored advice has always been ...
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