Over recent years advisers have faced increased pressure from the regulator to undertake detailed due diligence on the Discretionary Fund Managers (DFMs) they have chosen to work with. But, asks Abbie Knight, shouldn't DFMs do the same for advice firms?
Best practice due diligence involves demonstrating the key criteria used and filtering processes adopted to support the adviser's decision making. While some feel this adds unnecessary complexity - particularly...
Due diligence and selection
'A bit of smoke and mirrors'
Revisiting the portfolio debate
Fees 0.1% per annum or £20 per month
'Arm's length at a reasonable cost'
Almost three-quarters generated positive returns
Integration of Charles Derby and Lighthouse
Which firms made the shortlist?
Entered administration in April 2020
Cuts fees across multi-manager range