Impact of Depolarisation on the UK Wealth Management Market

Scope and coverage of the brief

• Outlines clearly the FSA's proposals for the depolarization of the advice market
• Analyzes the impact of depolarization on private client advisors, wealth managers and product manufacturers
• Highlights opportunities and threats, giving clients a comprehensive view of exactly what they need to do to prepare for depolarization

Brief highlights

• Clarity will be essential for consumers who have been put off buying some savings products following mis-selling scandals and fears that advice has not been as honest and independent as they had previously believed.
• Along with the changes that depolarization brings, opportunities will open up for private client advisors and wealth managers. Threats to client bases and business models will also materialize that until now - were of no concern for players in the wealth market.
• Some private client advisors get a significant amount of business through professional connections and will need to retain an independent arm. If they do not they will cease to get referrals from professional bodies such as lawyers and accountants.

Reasons to purchase

• For strategic managers - find out what the threats and opportunities will be for your future business model
• For product manufacturers - find out what you need to do to ensure that your products remain successful post-polarization
• For advisors - find out how depolarization will affect you and what you can do to prepare in the meantime