Advisers have to probe clients with both ‘positive' and ‘negative' questions to meet the regulator's expectations about assessing attitude to risk, according to Zurich strategic partner specialist Andy Woollon.
The chief executive of the Financial Services Compensation Scheme (FSCS) is "sympathetic"to calculating the scheme's levy based on the risk posed by specific businesses.
Fund managers are facing pressure to buy high risk assets in order to meet their funds' targets in an environment of falling equity volatility.
A number of financial advisers have yet to grasp the difference between risk-rated and risk-targeted funds, a survey of 700 practitioners suggests.
In this week's quick fire poll we ask: Should the baby boomer generation take more investment risk in the run-up to retirement?
Confidence among UK savers is growing with a third planning to increase the amount they invest in the next 12 months, a survey has revealed.