Morningstar's Adviser Centre

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

Emma Wall 18 April, 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

5 Attractive Investment Ideas

Gold, Commodity and Mining Stocks Outlook

Why We Favour UK, Japan and Emerging Market Stocks

Active US Funds Lag Passive Rivals

Could it Finally Be Time to Buy Bonds?

Understanding Stock Market Volatility

Market Crash Makes Case for Multi-Asset Investing

Russia is 40% Cheaper than Other Emerging Markets

Value Investing: Patience Will Be Rewarded

Do Quality Stocks Protect You From a Market Crash?

Should You Be Investing in China Bonds?

Adviser News & Research

Advisers Urged to Focus on Individual Psychology

Does Financial Education Make You a Better Investor?

Why Investors Can’t Avoid Volatility

Prepare for Jump in Pension Contributions

Use ETFs to Combat Rising Rates

Benchmark Trackers Should Have Ultra Low Costs

Even the Best Funds Underperform

Why it Pays to Back Active Management

How to Reduce Your IHT Bill

Junior ISA Fund Picks from the Professionals

Your Guide to ISA Picks and Tax Planning

Smart Beta: Income ETFs

Regulation banner

Regulation and The City

M&A Activity Good News for Post-Brexit Britain

After Mifid Shakeup, Emerging Market Funds Most Expensive

3 Stocks Driving Down Executive Pay

Greed Must Go, BlackRock Boss Tells CEOs

Who is Looking Out for Investors' Interests?

Asset Management News

Can Terry Smith Continue Impressive Performance?

“Why I’m Sticking With Alliance Trust”

5 Best and Worst Performing Trusts of 2018

Why it Pays to Back Active Management in 2018

Foreign & Colonial: The Stock We’ve Held for 90 Years

Job Curtis: Shell Dividend is Safe

How Does Richard Buxton’s Performance Stack Up?

“Why I Like Fund Fees”

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 International Editor for Morningstar