Consumer Duty has been found to be the area in which advisers would most like to see more support from asset managers, Royal London Asset Management (RLAM) says.
Results from a survey gathered during a RLAM regional roadshow in Q4 last year showed Consumer Duty far outstrips other areas in which advisers feel they need support from the asset management industry. A majority of the IFAs surveyed (68) voted for Consumer Duty ahead of 23 who felt regulation was the area in which they most needed asset managers' support. Both were ahead of support around the Markets in Financial Instruments Directive 2014 (Mifid II) - voted for by 14 advisers - and the Sustainable Finance Disclosure Regulation, highlighted by 11 as the key area. Mifid II having ...
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