PA360 North: 'We're all guilty of pushing the same strategies to advisers'

The conference's decumulation panel debate - made up of Thesis AM head of marketing Lawrence Cook, Copia Capital Management head Henry Cobbe and CTC Software chairman Nigel Chambers - had a lively back-and-forth about the appropriate investment strategies for decumulation, though the former two did agree DFMs and asset managers may be pushing the wrong approaches. Cobbe - from a discretionary fund manager (DFM) himself - argued most asset managers and DFMs were selling the same products to advisers for accumulation. "We're all guilty of it," he said. "Five risk profiles, the same basic r...