A2Risk profiling: simpler than simple questions
It is tempting to think that the simplest way to assess a customer’s attitude to risk is to ask a simple question. Something like “What level of investment risk are you…
Supporting firms as they zoom in on Targeted Support
Advice firms, banks and insurers are actively preparing to deliver the Financial Conduct Authority’s Targeted Support (TS) framework. The regulator hopes that its bold new initiative, which is open from…
Encouraging Risk-Taking: The Challenge of Long-Term Financial Planning
The Financial Conduct Authority (FCA) has set out a five-year strategy to encourage greater risk-taking and investment in productive assets by UK savers—in line with the Government’s plan to promote…
Assessing customer risk profiles at retirement requires a dedicated tool
Assessing customer risk profiles at retirement requires a dedicated tool A customer’s risk profile changes over their lifetime and for good reason. The risks that are reasonable for a young…