Advisers warned on provider due diligence 'spin'

Firm published list of questions to be asked

Carmen Reichman
clock •
Advisers warned on provider due diligence 'spin'

Advisers need to take care to avoid falling for provider spin and marketing in their due diligence of platforms, Nucleus has said.

Business development director Barry Neilson warned much of the material being passed for due diligence and research was little more than provider marketing and did not offer the evidence needed by ...

To continue reading this article...

Join Professional Adviser

 

  • 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

Carmen Reichman
Author spotlight

Carmen Reichman

View profile
More from Carmen Reichman

Cold-calling ban to enter parliament 'early 2018'

May sets Brexit time and day

More on Wrap/platforms

Libby Roy, incoming CEO of Bravura Solutions
Wrap/platforms

Bravura names Libby Roy next CEO

Effective from 22 August 2022

Ayesha Venkataraman
clock 23 June 2022 • 2 min read
Mark Kiddell, chief commercial officer, Wealth Wizards, said: "Having control over our finances and a clear plan to achieve our financial goals is essential for financial wellbeing and has a direct correlation with our mental and physical wellbeing."
Your profession

Wealth Wizards launches self-service guidance software

Royal London among users

Julia Bahr
clock 21 June 2022 • 2 min read
Industry Voice: The Consumer Duty - are you investing in fair value?
Regulation

Industry Voice: The Consumer Duty - are you investing in fair value?

The new Consumer Duty is being described as the biggest regulatory overhaul since the introduction of the Retail Distribution Review (RDR) in 2012. As the regulatory screw continues to be tightened around client outcomes, how can advice firms make sure...

Royal London
clock 06 June 2022 • 4 min read