McCurrach FS: Increased demand for outsourcing anticipated

clock

The majority of financial product providers anticipate there will be an increase in the outsourcing of sales and business development within the next five years.

Research by McCurrach Financial Services found and that 57% of providers already outsource at least one aspect of their business and that 83% expect to see this trend continue. Almost two-thirds of respondents, or 65%, felt that providers and advisers could work together in a more cost effective manner. Ernst & Young financial services director Robert Wood said: "The survey confirms EY's belief that product manufacturers need to provide a value-add, personal service that is genuinely helpful to intermediaries - not just a product push, which is far less relevant to intermediaries post...

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 Regulation

FCA cracks down on finfluencers with 120 takedown requests

FCA cracks down on finfluencers with 120 takedown requests

'Week of action'

Linus Uhlig
clock 24 April 2026 • 1 min read
FCA and PRA streamline and simplify senior managers regime

FCA and PRA streamline and simplify senior managers regime

Consultation on wider changes

Patrick Brusnahan
clock 22 April 2026 • 2 min read
Royal London launches targeted support ISA service

Royal London launches targeted support ISA service

Available to existing customers via its app

Sophia Panayi
clock 20 April 2026 • 2 min read