Andy Miller concludes his outsourcing series of articles for PA with an exploration of regulatory change...
The change from a world of low interest rates, low inflation, and muted geopolitical risks to a world of high interest rates, a cost of living crisis, and simmering international tensions has helped turn conventional investment approaches on their head in recent years. Meanwhile, today's regulatory focus, which requires advisers to be more proactive in the pursuit of good customer outcomes, has made life increasingly difficult for those advisers still offering their own in-house portfolios. This shifting backdrop means many advisers now need to evaluate their existing investment proce...
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