Advisers could get together to seed discretionary fund managers (DFM) in a bid to avoid the due diligence risks inherent in working with established firms, Nucleus has said.
Adviser-led DFMs would allow for more modern and client-centric services, making it easier to determine suitability and compare costs, the firm said. DFMs came under fire earlier this year when consultancies...
What frequency delivers best for clients?
Alleged fraud occurred between 2011 and 2017
WMA to hold its vote on 31 May
First of two articles
Newer policies offer longer terms