Will RDR prompt growth in the DFM market?

Outsourcing to a discretionary fund manager (DFM) has long been an effective method in managing portfolios and this trend is only likely to grow as we approach the Retail Distribution Review (RDR). RDR has been borne out of a desire to raise the level of professionalism within the advisory arena, increase clarity around the payment process and improve the investment management process clients receive. As such, its introduction on 1 January 2013 has resulted in many advisory businesses being forced to review their approach and will undoubtedly prompt many more to delegate investment de...