As the FCA’s suitability work continues, Chris Jones reminds advisers of their obligations to inform themselves and make informed recommendations You will often hear about the need to undertake research and due diligence on the products and services you recommend to clients, but what does that mean in practice? Specifically, is undertaking research the same
DD|hub – the new approach to discretionary manager due diligence
“Due diligence is a real pain,” they told us (and we heard it repeatedly), “it takes so long and ties up so much effort.” The “they” who told us this were both discretionary investment managers and financial advisers, so it was clear there was a problem. When advisers are looking at selecting a discretionary investment