Outsourcing investment: the four key considerations

With the RDR deadline approaching, many advisers are opting to outsource the investment function. One solution is to appoint a discretionary fund manager (DFM). However, there is concern some advisers are making this decision too quickly and not considering the risks. So what are the key considerations? Charges What to do about cost. A post-RDR world will mean transparency of fee structures and this will make for some interesting developments, says Kim Barrett of Barrett Financial Solutions. He believes clients will not be happy having to pay adviser and manager charges before...