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

News editor's view: The devil in the Budget detail

News editor's view: The devil in the Budget detail

The news editor's Friday Night Takeaway from 30 October

Isabel Baxter
clock 30 October 2026 • 2 min read
What's spooking financial advisers this Halloween?

What's spooking financial advisers this Halloween?

Experts share what's keeping the profession awake this spooky season

Professional Adviser
clock 30 October 2026 • 4 min read
Feel Good Friday: CISI urges financial planners to give 'one hour' to upcoming Financial Planning Week

Feel Good Friday: CISI urges financial planners to give 'one hour' to upcoming Financial Planning Week

Event takes place January 2027

Professional Adviser
clock 30 October 2026 • 1 min read