Due diligence and suitability
16 May 2016
Proper due diligence is vital if retail clients are to be given advice that is suitable. The UK regulator places primacy on outcomes that are client-centric as the determining factor to whether sufficient research and due diligence has been done. This raises important questions for both Advisory firms and Discretionary Investment/Fund Managers if they are to meet these standards and provide appropriate services to retail clients.