London & Capital's Richard Leigh and Graham Robinson look at why advisers must take into consideration their own charging structures when making a decision on outsourcing.
The definition of how advice should be given on investment choice has had to deal with many changes recently, not just with the explosion of offerings to outsource but also with regulatory musings about making sure clients are not “shoehorned” into particular solutions. It seems that, while the preference for in-house advisory portfolios or in-house discretionary management is on the wane, the regulator has signalled the “time is up” warning for an adviser to be able to partner with one discretionary fund manager (DFM) and refer all business to that firm. So, what is the modern advise...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
