LETTER: Independent financial advisers are well informed
The public is not well equipped to fully comprehend all the facts needed when appointing a financial adviser
I read Stephen Cranston’s column on discretionary fund managers (DFMs) with a great deal of interest, and can confirm there are many points of important relevance that need more debate, discussion, education and exposure (“There are many benefits to using discretionary fund managers (../../columnists/2021-03-25-stephen-cranston-there-are-many-benefits-to-using-discretionary-fund-managers/)”, March 25).
The public is not well equipped to fully comprehend all the facets, facts and in-depth “due diligence” needed when appointing a financial adviser, and especially differentiating between product service providers (PSAs) and independent financial advisers (IFAs). The latter group may or may not elect to use a DFM...
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