Rory Percival from the Investment Intermediaries department of the Financial Services Authority has said value for money is not a key focus of the FSA's thematic reviews.
Communication between parties is the most important aspect of working with a discretionary fund manager, according to speakers at the Defaqto discretionary fund manager conference today.
Industry experts, including IFP chief executive Nick Cann, debated the challenges facing the rapidly growing DFM sector at a major London conference today.
DFM expert Matt Ward has told the first Defaqto DFM conference in London today that discretionary fund managers have seen rapid growth in popularity but warned that advisers must consider "suitability" before recommending a DFM to clients.
Financial Planners and IFP chief executive Nick Cann are heading to the Business Design Centre in London today for the Defaqto conference on Discretionary Fund Management.
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