By continuing to use this site you consent to the use of cookies on your device. Find out more about our cookie policy and the types of cookies we use by clicking here

Morningstar's Adviser Centre

The latest news, views and analysis impacting professional investors, financial advisers and wealth managers

Emma Wall 9 January, 2018 | 10:19AM

Professional, independent advice is needed now more than ever; thanks to recent changes to pension regulation thousands of investors have access to considerable savings at retirement. Many of these investors have limited financial literacy, yet are tasked with the responsibility of securing multi-decade financial provision.

Prior to the implementation of the Retail Distribution Review (RDR) in January 2013 the majority of investors dealt with an adviser – whether it was on a regular basis, or to offer periodical advise at key life events.

The then Financial Services Authority implemented RDR in a desire to improve professional standards, and remove the potential for advisers to recommend products based on their indemnity commission terms. While there was considerable angst in the period leading up to the change it is now viewed as a positive move.

The pension freedoms, the Guinea pig generation, a greater onus on the individual to provide for themselves in retirement – coupled with the changing regulatory landscape and Britain’s exit from the European Union is creating a perfect storm for financial advice and professional investors.

Latest Morningstar Insights

UPDATED WEEKLY: Latest Fund Rating News from Morningstar Analysts

Commodities Outlook: Gold Price to Fall

Which Stock Markets Offer Best Value in 2018?

What Next for Emerging Markets?

Developed Market Bonds are Significantly Overvalued

Why Invest in Global Equities?

European Interest Rates to Rise in Next Decade

Tech Stocks Push Asia Markets Higher

Budget 2017: What You Need to Know

Should You Still Invest in Bonds?

Adviser News & Research

Passive Fund of Funds Not Best Performing

When to Use Active and Passive Funds in a Portfolio?

Alternative Assets Offer Investment Income

Investors Sell Standard Life’s GARS for M&G Optimal Income

Smart Beta: Momentum ETFs

UK Investors Favour ETFs for Value for Money

Baillie Gifford: ETFs are for Suckers

Why the Same Fund Holds 2 Different Analysts Ratings

What do Morningstar Fund Ratings Mean?

Regulation banner

Regulation and The City

City Watchdog Warns on Retirement Shortfall

Who is Looking Out for Investors' Interests?

What Does MiFID II Mean for You?

Asset Management News

Are Multi-Manager Fund Fees Too Expensive?

Fidelity’s Fulcrum Fund Fees Too Complex, Say Analysts

What are Fulcrum Fund Fees?

Hargreaves: Stop Buying UK Equity Income

Woodford Blow, Fund Fee Cuts and GARS

portfolio banner

Back to Basics Education for New Clients

What is a Stock?

What is a Bond?

What is a Fund?

What is a Pension?

 

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

About Author Emma Wall

Emma Wall  is Senior Editor for Morningstar.co.uk