Lighthouse has launched a psychometric risk profiling tool for its advisers in partnership with Distribution Technology.
The IFA group and pension scheme administrators say the client risk matching initiative will ensure accurate asset allocation in line with a client’s attitude to risk.
The tool will link directly to unfettered fund of funds, through F&C’s multi-manager, matching asset class volatility with marginal outperformance, producing consistency of returns over the longer term.
Lighthouse chief executive Malcolm Streatfield says: “Lighthouse is one of
the first leading financial adviser groups to make this system available to
IFAs, and is at the forefront of this advance in risk profiling. The process is
extremely compliant and auditable. Using the fact finding process together
with the unfettered fund of funds readily evidences that clients are being
fairly and professionally treated.”