The ADHD tax: Hidden vulnerability and financial advice

ADHD is just one of the many hidden vulnerabilities

clock • 4 min read

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 ...

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

Rio Stedford: Tackling lack of representation in financial services

Rio Stedford: Tackling lack of representation in financial services

'Celebrate your wins openly, and remember, success is not a solo journey'

Rio Stedford
clock 04 November 2024 • 4 min read
News editor's view: Autumn Budget – a trick or treat for financial advisers?

News editor's view: Autumn Budget – a trick or treat for financial advisers?

The news editor's Friday Night Takeaway from 1 November

Sahar Nazir
clock 01 November 2024 • 3 min read
Considering client emotions: Dealing with post-Budget anxiety

Considering client emotions: Dealing with post-Budget anxiety

Advisers need to understand client emotions during 'turbulent times'

Isabel Baxter
clock 01 November 2024 • 4 min read