Advisers move from performance to target market as most crucial factor
38% have already made model switches with more likely to follow
Regulation ‘not biting the real day to day grind’
Adviser-client misalignment found when it comes to investment performance
As speculation around CGT regime changes ramp up ahead of the Budget
Expect update later this year, regulator says
Six monthly due diligence should be the goal
Other barriers include uncertainty and trust worries
Advisers could already have cut 600,000 clients loose, findings suggest
Findings that a ‘clear consensus’ that responsibility lies at the top