The report is designed to provide an up-to-date source of information on what is being planned for clients from a sample of UK wealth advisers. It includes details of funds being selected for clients across different risk levels.
Dynamic Planner Intelligence, which will be quarterly, highlights the trends and provides an understanding of why these trends are emerging, says DT. This should help planners and clients assess funds, products and propositions, to the benefit of advisers as well as the clients themselves.
Dynamic Planner Intelligence has two sections:
• Profile – which examines investor demographics, level of investment experience, risk profiles, net wealth by age group, and the time-frames and key considerations of advised individuals.
• Manage – what are the top five recommended funds at risk level 3 (lower risk) to risk level 7 (higher risk).
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Findings show that the average risk profile for the last quarter is 5.22 and that, on average, clients have become slightly more risk averse over the last six months, says DT.
Risk profile 5 is the most often selected in both investing and retirement. The chart below demonstrates the change in distribution over the last 12 month period, highlighting the drift from the higher risk levels toward the mid-range risk profiles with all gains in risk profiles 4 and 5.
DT principal consultant, international & investments Jim Henning said: "Each quarter, we intend to expand the range of analysis dependent on what our clients and partners see as valuable.
"We will also be tracking key indicators such as "average risk profile each quarter" to highlight key trends, together with a new customised data intelligence service to help individual firms compare themselves against peer groups or answer specific questions."