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

The FCA has extended temporary measures allowing firms to opt out of 10% depreciation notices to investors for a further 12 months to December 2022.

Just over one in three financial advisers (34%) say clients want more emotional support - in addition to financial advice - post the pandemic.

Adviser fintech firm Defaqto has added a new ESG client preference questionnaire and additional ESG data filters for DFM MPS and governed portfolios.