The hired help

With increased UK regulation and changes to capital adequacy requirements leaving intermediaries more accountable for the advice they give, many have opted to outsource this service to stockbrokers. There has been a trend for advisers to use them for international investment bonds especially for clients who wish to invest directly in equities and mitigate potential IHT liabilities. Although most intermediaries would agree a stockbroker would add the most value when choosing individual stocks, most see it is still their role to help clients choose funds and believe this could add an extra...