We’re seeing advisers increasingly looking to outsource different bits of the supply chain as they become busier with new clients and find they are facing capacity constraints within their business.
Fund charges remain firmly in the spotlight ahead of the introduction of Mifid II early next year.
Barely a week seems to go by without another raft of asset managers revealing they will shoulder the cost of research used by their investment teams, although there remain many more who are yet to say anything on this issue.
But while charges transparency is clearly positive, there is a potential danger that too much will be made of fund costs. While fees must be considered as part of any investment decision, it is just one of many factors advisers take into account.
Advisers doing platform due diligence should go beyond a provider's published pricing and find out about the special deals it may offer certain firms.
There’s probably three elements of platform due diligence that have needed to evolve heavily in the last 18 months: it’s fairly widely understood that there is quite a number of platforms going through re-platforming process, so advisers probably need to familiarise themselves with questions over how technology upgrades may impact platform choice, we’ve also entered a period for the first time where there’s corporate instability in