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The Morning Briefing: Upskilling advisers and Consumer Duty protections

Good morning and welcome to your Morning Briefing for Friday 4 August 2023. To get this in your inbox every morning click here. Upskilling advisers Choosing a long-term career is arguably more difficult these days given technology is changing the nature of the work we do at a rapid pace. The World Economic Forum’s

City ofUnited kingdomAndrew baileyBarry odwyerMark tosettiFinancial conduct authorityGroup partnershipsFinancial livesAnalysis of the financial conduct authorityWorld economic forum future of jobsMorning briefingWorld economic forumConsumer dutyRoyal londonBarryo dwyerMoney marketing

Behavioural finance fintech Oxford Risk reports strong growth in the UK

Behavioural finance fintech Oxford Risk reports strong growth in the UK
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.

City ofUnited kingdomJames pereira stubbsGregb daviesOxford riskUnited kingdom focusedChief client officerBehavioural finance oxford risk

21% of clients think advisers don t understand their behavioural biases

But they should be taken into account as part of the much-anticipated Consumer Duty rules

James pereira stubbsFinancial conduct authorityConsumer dutyOxford risk

Advisers urged to get to grips with clients behavioural biases

More than one in five retail investment clients do not think their advisers understand their behavioural biases when making decisions, new research from behavioural finance experts Oxford Risk has found.

James pereira stubbsFinancial conduct authority consumer dutyOxford riskFinancial conduct authorityConsumer duty

Consumer Duty turns the spotlight on client and adviser behavioural biases

Its study with investment clients of wealth managers conducted ahead of the implementation of the new Consumer Duty rules on July 31st found 21% don’t agree

James pereira stubbsFinancial conduct authorityOxford riskConsumer dutyInvestor compass risk suitabilityChief client officerMet newDuty regulations

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