RDR drives surge in managed solutions use by advisers

Almost two thirds of advisers feel that regulatory change and pressure has led to an increase in outsourcing their investment portfolio management, according to the survey. The research, conducted at a recent series of Fidelity roadshows, identified that the majority of advisers currently use a blend of bespoke and model portfolios alongside managed fund solutions, with just under a quarter of respondents stating that they outsourced to discretionary fund managers (DFMs). Following the advent of the RDR, advisers revealed that they are looking to increase their use of model portfolios...