PIMFA publishes adviser/DIMs cooperation guide

Organising relationships

clock • 3 min read

PIMFA has published a guide for advisers and discretionary investment managers (DIMs) aimed at helping them understand the different ways in which relationships between their firms can be better structured.

The guide, drafted by threesixty services, with input and collaboration from PIMFA and DFM Connect, is informed by a previous work carried out by the Personal Finance Society, tackling a wide range of queries and concerns raised by adviser firms. The new publication focuses on how the relationships between adviser firms, their clients and DIMs can be organised in line with the FCA rules on "agent as client" and "reliance on others", while considering the role platforms play in making third-party discretionary services available to advisers.  Membership director for the Personal Financ...

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 Your profession

What do younger clients really want from their adviser?

What do younger clients really want from their adviser?

'They're going to need all the help they can get'

Justin Cash
clock 21 October 2026 • 5 min read
CII and PFS celebrate more than 300 chartered graduates

CII and PFS celebrate more than 300 chartered graduates

347 graduate from CII and PFS

Sophia Panayi
clock 21 October 2026 • 2 min read
True Potential Wealth Management CEO calls for 'clear set of decisions' in upcoming Budget

True Potential Wealth Management CEO calls for 'clear set of decisions' in upcoming Budget

Short-term policy decisions ‘disturb’ advice landscape

Sophia Panayi
clock 20 October 2026 • 2 min read