Nick Eatock: Rebuilding centralised investment propositions

In the advised market, centralised investment propositions (CIPs) are the way business is done. According to research by the lang cat, the majority (82%) of firms operate one and, given that they cover all aspects of the financial planning processing, bringing together different systems, providers and tools, they are often a key determinant of both the efficiency of the advice business and the quality of outcome clients receive. But, with increasing regulatory demands following MiFID II and PROD, how well are today's CIPs delivering on their promise of consistent of advice, a more effici...