CPD Lunch Session - Decumulation Considerations, Consumer Duty & Vulnerable clients

The Verve Group and Brooks MacDonald launched a whitepaper on Retirement Income Advice and are bringing their Decumulation CPD roadshow to Aberdeen.

Join Christian Marwick, Head of Adviser Support at The Verve Group,, as he dives into the white paper’s findings and provides insights on what to consider when building your Centralised Retirement Proposition. (90 minutes)

Vulnerable clients session with David Mulholland

Working in the financial services industry affords us all the privilege of supporting our clients to achieve their financial objectives, many of which are positive and aspirational. However, we also need to consider the fact that often our clients are investing to provide security in their finances, to protect them and their families from an array of risks. For example, as our demographic ages we are seeing clients invest longer into their retirement and later lives, which can lead to difficult circumstances such as illness, disability, cognitive decline and the need to fund the cost of care, in turn leading to an increasing degree of vulnerability.

A central aspect of Consumer Duty is to safeguard the interests of all clients, especially those in vulnerable situations. To make sure we understand the risks our clients may face it’s important to exchange our knowledge and experiences of consumer vulnerability. (45 mins)

• The regulatory context
• The main drivers of vulnerability
• Focus on retirement, cognitive decline and POA
• How to support clients in difficult circumstances