The most popular plan for firms was to grow by taking on new clients, which was identified by 50 per cent of respondents.
This was just ahead of “grow by increasing client assets under management” which was identified by 45 per cent of respondents.
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When looking into the perceived impact of the consumer duty, 38 per cent of advisers stated it would have no impact on their business.
Meanwhile 13 per cent are concerned that consumer duty rules will have a negative impact.
tom.dunstan@ft.com
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