Skandia has posted an online video showing the seven steps advisers should follow for a robust investment process.
The short video aims to give a "snapshot" into how a flexible investment process can be tailored to meet customers' needs.
In it, Skandia chief executive Peter Mann breaks down the process into seven stages, from the initial fact find, to accessing tax wrappers, discussing appetite for loss, asset allocation and fund selection, then the review and ongoing management of a portfolio.
Skandia platform specialist Jeremy Mugridge (pictured) says: "A solid, well thought out investment process can help advisers to deliver outstanding results for customers time and time again."
Advisers' risk assessment processes have faced greater regulatory scrutiny in recent months, including FSA probes into advisers' reliance on risk profilling tools.
The FSA highlighted the subject in its Assessing Suitability paper in January.
"The FSA recently highlighted the importance of putting risk assessment at the heart of every investment decision and our seven stage approach does exactly that," says Mugridge.
The video, the fifth in a series of adviser tutorial videos released by Skandia, is accompanied by an interactive online tool on the investment process.
To view the video click here
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