Due diligence: a closer look

DUE DILIGENCE

clock • 5 min read

Is it possible to know everything about the products you recommend? Charlotte Richards investigates.

Regulators and compensation schemes often refer back to proper due diligence in their rulings on what was and was not fair and correct financial advice. One of the main objectives of the Retail Distribution Review (RDR) is to ensure clients fully understand the services they receive. In order for this to work, advisers need to make sure they are carrying out appropriate due diligence processes. With just 32 weeks left to complete all the necessary qualifications before the RDR deadline, pressure on advisers to fully understand all the products they recommend - including more complex i...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: One Four Nine Group raises £40,500 for charity partner

Feel Good Friday: One Four Nine Group raises £40,500 for charity partner

Firm picks three new charity partners for 2026/27

Professional Adviser
clock 24 April 2026 • 1 min read
Deal Dive: 2026 kicks off with a slower start

Deal Dive: 2026 kicks off with a slower start

Deals announced in Q1 2026

Isabel Baxter
clock 24 April 2026 • 3 min read
What Justin Bieber is telling you about your clients

What Justin Bieber is telling you about your clients

‘In our world, success, true success, is delivering someone to their goal’

Chris Justham
clock 22 April 2026 • 2 min read