Adviser use of DFMs set to increase by 20% - Nucleus

A survey of 180 users of the adviser-built platform, which is set to launch its own discretionary portfolios, showed the trend towards investment outsourcing looks set to continue. The census indicated a 20% increase in the use of model portfolios being run on a discretionary basis was expected over the next 12 months. Nucleus chief customer officer Barry Neilson said this reflected that advisers wanted to focus more on financial planning than investment. "It is clear advisers want more time to further deepen the financial planning journey with their clients, which is leading more ...