View more on these topics

Half of advisers say they are not getting enough fund details

Half of advisers say information distributed by fund managers in the current climate lacks enough detail for them to advise clients properly, says a Centaur YouGov survey.

Fifty-one per cent of advisers say in recent months they have not had enough infor-mation from fund managers while 41 per cent say that they are satisfied with com-munications.

The research also highlighted a vast discrepancy between what advisers and their clients think is the best investment strategy during the current market turmoil.

Seventy-nine per cent of advisers say that they have clients who are considering cashing in equities and 96 per cent of these advisers are trying to dissuade them from doing so.

Eighty-nine per cent of advisers believe that offshore bond providers are responsible for checking the suitability of deposit accounts within their bond. Only 6 per cent say it is not their job.

Philip J Milton and Company managing director Philip Milton says: “Some fund managers are better than others at providing the required information but if advisers are not happy, they should go out and look for information.”


UK policy: Kate Moss and short-termism

“Nothing tastes as good as skinny feels,” said supermodel Kate Moss, who is not often credited for her insights into policy making. Perhaps she should be. In politics, as in matters of diet, the course of action that is the best over the long term is often not the most desirable course of action in the short term. Add the instant gratification of the democratic electoral cycle and, instead of good policy making, you sometimes get the equivalent to a midnight binge in front of the fridge.

Read more

Important information

Investment risks

The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm