Research and Markets: UK Wealth Management Research Portfolio Tribe High-end Doctors

Boy, 6, dies after exhausted doctor mistakes him for other patient with ‘do not resuscitate’ order

Drawing on in-depth interviews with segment individuals and a range of external and internal sources, we create a definitive segment guide for client targeting and servicing purposes. The reports examine segment individuals’ general habits, attitudes and behaviours, financial characteristics and current industry usage and perceptions; they conclude with guidance for wealth managers on how to approach them and what propositions to offer. They draw on the very best qualitative research techniques as well as Ledbury’s unique understanding of HNWIs and the wealth management industry and, in this case, focus on High-end Doctors. Summary This tribe report focusses on High-end Doctors, who number in excess of 70,000, earn more than 100,000 p.a. excluding benefits, and enjoy excellent job security in a very uncertain climate. They are very conservative in their asset choices, place a great deal of value on professional advice and are largely overlooked by the wealth management industry. Highlights General characteristics Over the last decade the number of High-end Doctors in the UK has grown phenomenally. They are very intelligent individuals, and have spent many years in training prior to reaching their lofty positions. They still work very hard and are constantly in contact with other colleagues in their specialist fields. Financial characteristics High-end Doctors enjoy excellent job security, material private practice income and clear visibility of earnings and are very conservative in their asset choices. They are hands on when it comes to making financial decisions, place a great deal of value on professional advice and are looking to manage their wealth optimally. Current industry usage and views High-end Doctors are under-serviced by the financial services industry, and largely overlooked by the wealth management industry.

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Asked by coroner Catherine Mason whether she actually saw Jack’s face before telling staff to stop, she said: “There were a lot of people in the room and I can’t remember if I saw a face or not. “But what was important to me was not to resuscitate a child that was not to be resuscitated. As soon as I was told it was Jack I said ‘no, he has everything.’ I was not aware Jack had gone to Ward 28 or the other boy had been discharged.” After staff realized the mix up, medics tried for an hour to resuscitate Jack but were unsuccessful. Jack, from Leicester, had Down’s Syndrome among other health problems. He had been referred to the hospital earlier the same day after he started suffering from sickness and diarrhea. Caters News Agency Leicester Royal Infirmary, where Dr. Hadiza Bawa-Garba admitted she had worked 12 hours without a break. Dr Bawa-Garba was questioned as to why she had telephoned Jack’s mother two days after his death. Dr Bawa-Garba told the inquest: “I rang her just out of courtesy. “I only found out on the Monday from the trust I was not meant to.” At the beginning of Monday’s hearing, Dr Bawa-Garba was warned by the coroner that she should not impede the case by providing information she is uncomfortable with. The coroner told her: “You do not have to answer any question asked by myself or any legal representative that you feel may incriminate you.

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