‘It’s all about client outcomes’: why advisers are looking towards discretionary powers
Why should IFAs consider gaining discretionary powers? That was the hot topic at the Citywire studio, where we were joined by Lee Robertson, Paul White, Isabel Sinclair and Kevin Forbes. All four have either been through, or are going through the process, and they gave us their thoughts on why discretionary powers are beneficial to the client experience.
Other agenda items included the MiFID II requirements, the legwork required to go discretionary, the increased activity of DFMs in the advice space, and why Forbes thinks some of you might call him an idiot.