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...

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

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA removes regulatory permissions from advice firm over breaches

FCA removes regulatory permissions from advice firm over breaches

Ups assets restriction and notes unpaid FOS award

Jen Frost
clock 22 December 2025 • 2 min read
 FCA chief: No allegations of Budget leak market abuse so far

FCA chief: No allegations of Budget leak market abuse so far

Told MPs on the Treasury Committee the leak caused serious concern

Alex Sebastian
clock 16 December 2025 • 3 min read
FCA's non-financial misconduct rules 'opaque' over social media activity

FCA's non-financial misconduct rules 'opaque' over social media activity

Lack of definitions and case studies

Cristian Angeloni
clock 16 December 2025 • 2 min read