Keeping in the know

Advisers need to know that a discretionary management service will deliver for their clients in terms of both service and performance. This is especially important in light of the forthcoming Retail Distribution Review (RDR). Advisers need to know that the service they choose will allow them to meet new regulatory requirements and continue working efficiently. However, it isn’t always possible for advisers to find answers to these simple questions and have these basic needs met. Ironically, the very thing that makes discretionary management attractive, as a highly specialised bespoke ser...