Responding to Professional Adviser's resident Armchair Critic, who highlighted recently what he saw as the inescapable problem with vertical integration, Old Mutual Wealth's Carlton Hood is adamant client suitability decisions will always remain sacrosanct...
(*Editor's note: The following will likely be interpreted as fairly self-promotional (you'll see), but this is not an advertorial. Old Mutual requested the chance to respond to the article linked to in the paragraph below, and we have given it the room to do so.) Vertical integration has emerged as one of the post-Retail Distribution Review themes in our industry. It is an ugly term, far removed from the lexicon of the customer and one that divides opinion as to the merits or risks for the customer outcome. Vertical integration describes a customer proposition where the key element...
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
