Lawrence Cook explains his logic
Backed by support services company Bankhall
Platform due diligence is lacking
Report warns of risk-ratings mis-match
Is keeping investment in-house a drain?
FCA sent questionnaires to advisers
Research and ratings group Rayner Spencer Mills Research (RSMR) has launched a range of model portfolios for directly authorised small advisory firms.
Advisers of the post-Retail Distribution Review (RDR) era need their discretionary fund managers (DFM) to be "highly flexible" in agreeing investment mandates, so they can meet clients' needs, research has concluded.
The majority of financial product providers anticipate there will be an increase in the outsourcing of sales and business development within the next five years.
The Financial Conduct Authority (FCA) is concerned about the due diligence advisers perform on investment product providers and will continue to monitor the area, technical specialist for the regulator Rory Percival has said.
FE Research's range of 15 risk-targeted portfolios are now available on the Transact platform.
Skandia, part of Old Mutual Wealth, is to outsource its administration to global IT and outsourcing firm International Financial Data Services (IFDS) in a 20-year contract.