A2Risk’s latest attitude to risk update recommends robo-advisers and financial firms use separate questionnaires for higher wealth and decumulation clients to meet FCA suitability guidelines.
The finding is included in the presentation below where A2Risk directors Alistair Byrne and Alistair Haig discuss the recent 2016 update to the the company’s ATRQ System used to profile attitude to risk and capacity for loss.
- YouGov survey of more than 2,000 UK citizens
- Qualitative review results in one question ‘tweak’
- UK population remains relatively risk averse
- But to meet FCA suitability guidelines separate attitude to risk questionnaires recommended for higher wealth and decumulation clients