PFS launches good practice hub with discretionary investment guide

The hub will be accessible to members on the PFS website and forms part of the professional body's wider strategy to provide enhanced good practice guidance for members, it said. The first guide focuses on due diligence of discretionary investment managers - an area the PFS deems "confusing" for advisers. The organisation said it is currently developing further guides, which will be added to the hub over the coming weeks. It also plans to launch a financial planning academy for its chartered advisers and build tailored programmes for its paraplanner and compliance members. Chief...