Wealth managers who do not personalise their client engagement could be missing out on an estimated 10% of organic assets under management growth for their firm, according to Oxford Risk.
Investment News: Investors Flock To US Equity Funds As UK Falls Out Of Favour forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Consumer complaints regarding mis-selling and suitable advice is continuing to rise as is the rate of complaints being upheld by the Financial Ombudsman Service (FOS).
Adviser firms need to follow regulatory trajectory on suitability to avoid non-compliance - Oxford Risk ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.
Advisers could be on ‘dangerous ground’ if they apply a tick-box approach instead of embracing the spirit in which regulation has been created, according to Oxford Risk.