The increased workload due to factors such as regulation and increased service expectations from clients reflects a changing financial advice industry, delegates heard.
Speaking at Defaqto's Future of Advice conference today (26 November) in Birmingham, Premier Milton investment director Chris Robinson highlighted that increased workloads reflect a changing financial advice industry. "The responsibility is high, and advisers need further support," he explained. "No wonder we have seen an increase in outsourcing." "There is a lot of outsourcing and a lot of money in multi-asset funds and model portfolio services (MPS)." The factor that advisers look for the most when considering MPS is cost, according to Robinson. "Costs continue to come down," ...
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