Time is money: How outsourcing can help strengthen your business

OUTSOURCING

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Richard Leigh, head of adviser solutions at London & Capital, looks at how outsourcing presents advisers with the opportunity to reinvest time and money into their business.

We have seen some dramatic changes in the adviser business models being operated across the industry in the wake of the Retail Distribution Review (RDR). With fee pressures becoming more prevalent, one of the more interesting has been the way in which advisers have looked to make their businesses more efficient. A key decision for many has been whether to continue managing their own investment models on behalf of their clients or to outsource this function to a third party manager. Historically, advisers have enjoyed managing their own models and have taken comfort from doing so. With...

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