Why it pays to be picky when outsourcing

OUTSOURCING

clock

Oliver Wallin, investment director on the multi-manager team at Octopus Investments, on why it is important to be choosy when it comes to outsourcing...

The new regulatory environment has placed an even greater emphasis on knowing your clients, understanding both their attitude and capacity for risk and identifying the most suitable investment solution for them. But it does not stop there. The Financial Services Authority (FSA) has gone to great pains to stress the importance of assessing ongoing suitability and has provided a comprehensive list of what it considers to be the risks that need to be addressed when making these assessments. It is a challenge but the FSA, and its replacement, are unlikely to be in a forgiving mood as they...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Managed solutions

Coming of age: How advisers are navigating the MPS market

Coming of age: How advisers are navigating the MPS market

'If it's cheap and unsuitable, it's still unsuitable'

Terry Huddart
clock 28 March 2024 • 6 min read
Multi-asset sentiment indicator: Positive view on UK equities

Multi-asset sentiment indicator: Positive view on UK equities

'UK equities remain cheap when compared to overseas'

Paul Ilott
clock 13 March 2024 • 5 min read
Insourcing is 'evolution not revolution' for advice firms

Insourcing is 'evolution not revolution' for advice firms

‘We see it as an elegant halfway house for both advisers and their clients’

Isabel Baxter
clock 05 March 2024 • 2 min read