Adviser use of discretionary services expected to rise

The discretionary managed investment service sector is expected to experience significant growth in the next three years which enables financial advisers to take on more clients and offer existing clients a better service, the research stated. It revealed that around two thirds (61%) of financial advisers said their use of these services has increased over the past five years. Meanwhile, less than a third (31%) said it has stayed the same and less than one in eight (8%) said it has decreased over the past five years. The vast majority (94%) of financial advisers surveyed expect the...