Partners with benefits: the rise of outsourcing

The Retail Distribution Review (RDR) has certainly acted as a catalyst for adviser outsourcing activity, and, for many, this issue is likely to be high on the agenda as 2013 approaches. Outsourcing aspects of the advisory business to third parties has been a theme of the last few years. It seems the outsourcing trend is set to continue as adviser businesses position themselves for the new distribution era. Most advisers already outsource elements of their businesses, whether they think of it as outsourcing or not. For instance, 81% of advisers that are directly regulated tell us they ...