Discretionary fund managers (DFMs) have expressed scepticism at Skandia's claim its fund panel will be able to compete with them on price.
Aviva is to allow advisers to outsource investment to discretionary fund managers as part of its managed portfolio service.
Wealth manager Caerus has appointed Mansard Capital to run its four risk-rated Dynamically Rebalanced Portfolio funds.
Paraplanners and discretionary fund managers will be the primary beneficiaries of increased outsourcing among advisers, research suggests.
A wealth manager has launched a platform centred on discretionary fund management that claims to reduce costs for advisers by about 1%.
Some 34% of client portfolios are being outsourced to discretionary fund managers (DFMs), up from 28% in 2011, according to research released today.
Discretionary fund manager Saltus Fund Management has bought Altrincham-based wealth manager Mercater Capital Management for an undisclosed sum.
With Financial Planning Week under way, and the tenth and last adviser seminar for 2012 wrapped up, AIC training manager Jackie Lockie reflects on her year on the road meeting advisers.