Fraser Donaldson: Are you being served (by your DFM)?

'You have all done very well!'

clock • 5 min read

Fraser Donaldson explores the results of Defaqto's DFM satisfaction survey which asked if advisers felt sufficiently supported during the pandemic. It would appear 'you've all done very well', he writes

Well, it has been a tough and challenging year. At the time of writing, we are just a couple of days into the second national lockdown. At the beginning of the first lockdown, while I was confident that our own amazing business continuance planning would allow us to continue, more or less as normal, I had no idea how the rest of the industry would adapt. My perception is that the industry has adapted extraordinarily well. The data and company engagements that we rely on have continued at a frequency and standard as it was before the first lockdown. However, I am only judging my own li...

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

Cash ISA allowance cut risks hardening saver/investor divide, advisers warn

Cash ISA allowance cut risks hardening saver/investor divide, advisers warn

Govt policy shift reignites debate around role of cash ISAs

Sahar Nazir
clock 28 January 2026 • 5 min read
Depledge Strategic Wealth Management backs CISI financial planning push

Depledge Strategic Wealth Management backs CISI financial planning push

‘Financial planning is for every week’

Jenna Brown
clock 28 January 2026 • 2 min read
What a classic '80s movie tells us about today's language of financial advice

What a classic '80s movie tells us about today's language of financial advice

'Forty years is a long time in film. Even more so in financial services'

Roger Brosch
clock 27 January 2026 • 4 min read