Three in 10 (29%) of clients say that their wealth managers may have incorrectly assessed their attitude to investment risk.

A leading Chartered Financial Planner has called on the Financial Conduct Authority (FCA) to redefine risk classifications to reflect current conditions.

Thames Valley-based wealth manager and IFA Woodward Financials has launched an ‘enhanced advisory service’ for clients which offers daily risk monitoring of portfolios. 

Financial advisers should help women make the most of personal allowances and reassess their concept of risk to help close the pension gender gap, according to investment platform Parmenion.