'But I'll lose clients': Iveagh quashes five outsourcing fears

BUSTED

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The arguments for outsourcing have been extensively made, yet some advisers remain unconvinced. Richard Ford, chief executive officer at Iveagh, indulges in a little myth-busting.

1 They can do it better themselves Perhaps the first and most persistent myth around outsourcing is the adviser’s belief they can do it better themselves. But the case for outsourcing is clear: each of the many options can lay claim to greater investment resources and analytical backing. A group that manages investments as the core of its business will inevitably have more resources devoted to asset and fund selection than an adviser who must also manage his business and clients. An adviser may argue he has done an effective job for his clients to date, delivering returns to their i...

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