Chris Davies: PRODing CIP suitability

Joined-up approach

clock • 4 min read

When it comes to centralised investment propositions, writes Chris Davies, PROD regulations can be particularly helpful in assessing suitability and appropriateness

Having attended another excellent Octo Members networking virtual pub event recently (I even enjoyed a ‘virtual' alcohol-free beer too) the topic circled the old chestnut of suitability and appropriateness of centralised investment propositions (CIP) for the business and their clients. This is a subject that has stood the test of time in generating debate over issues such as value chains, fund manager egos, regulatory stance of shoehorning or retro-fitting and, of course, the old ‘can I use one platform or investment proposition across my client base?' Question. The truth of the matte...

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