Speaking ahead of Portfolio Adviser’s Wealth Manager Awards 2915, Koerling said: “I do think that for most people, their most significant pools of assets are their houses and their pensions and, if all of a sudden they are making different decisions with regards to those things it could lead to significant changes within the wealth management industry.
On the multi-asset front, however, she said while an important building block at the lower end of the wealth management space, at the upper end, their role is likely to remain small.