The firm questioned over 200 advisers at its recent roadshows on how advisers plan to 'futureproof' their businesses.
Advisers stated that regulatory change and pressures had led to an increase in outsourcing. Some 51 per cent expected to increase use of model portfolios and 47 per cent wanted to increase their use of managed fund solutions.
The reasons given for more use of managed solutions were regulatory pressure, client segmentation and refocusing of their business away from investment selection to Financial Planning.
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Investment expertise and the resources of the fund provider were the most important factor when choosing a managed solutions firm. This was followed by cost effectiveness of the service and a comprehensive fund range.
On the other hand, 37 per cent said they expected to use bespoke portfolios less in the post-RDR world and only 14 per cent expected to outsource to a discretionary fund manager.
Paul Richards, head of sales at FundsNetwork, said: "The survey results show that advisers feel they are under a significant amount of pressure to meet new regulations and, as a result, are looking to utilise services such as managed solutions and model portfolios.
"It is therefore crucial that both platforms and providers offer access to these types of solutions as they can help advisers build a robust, cost effective and futureproof business model."

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