FOR ADVISERS ONLY
Governed Retirement Income Portfolios assessed by AKG - April 2020
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The independent assessment of the GRIPs looks at how governance works in practice and how it responds to, and deals with, change. AKG have also looked at how the GRIPs have evolved in order to continue to be able to address the requirements of advisers and customers.
In particular, the report looks at how the introduction of MiFID II has brought significant product governance requirements, with companies across the UK financial services sector giving greater consideration to their approach and processes when designing, distributing and recommending products and funds in the future.
The report also looks at the trend towards outsourced investment solutions and Centralised Investment Propositions (CIPs) and the need for advisers to understand what they are signing themselves and their customers up for. In particular, the need for advisers to be able to illustrate how and why the investment solution is suitable for each individual customer.
Our sales aid takes a look at the regulator’s expectations and guidance of a firm when designing and adopting a CIP and the requirements of its target clients. It also looks at how our GRIPs can help to fulfil both you and your clients' CIP requirements.
Find out more
You can download a copy of the full AKG report and our sales aid summary to refer to when recommending our GRIPs to your clients -
Find out more about our GRIPs or get in touch with your usual Royal London contact.