Karl Dines explains why the ‘matryoshka principle’ is an important part of a forward-looking centralised investment proposition and outlines the issues advisers should be aware of
My two previous articles about centralised investment propositions (CIP) discussed designing a robust methodology that provides a level of flexibility to adapt to the ever-changing financial services environment. Then we looked at the CIP's little cousin, the centralised retirement proposition, and how it can be built into a CIP. It brings to mind a flexible way of building a process using the matryoshka principle, and it works. You will have heard of matryoshka under their more commonly used title of Russian dolls. These are the hollow wooden toys, usually painted with traditional Ru...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes