What exactly should IFAs do for their clients?

Leader

'Don't call me an IFA, call me a broker, I broker solutions on behalf of my clients,' Peter Hargreav...

'Don't call me an IFA, call me a broker, I broker solutions on behalf of my clients,' Peter Hargreaves of Hargreaves Landsdown once told this magazine. Think about it. Investment Week's sister publication MultiManager has carried out some in-depth research into advisers' attitudes towards multi-manager products in conjunction with Frank Russell, one of the leading players in the arena of manager selection. One of the most revealing statistics reveals 87% of the advisers questioned felt that researching and monitoring fund managers was and is a core competence of IFAs. At the same time 83%...