DD|hub – free due diligence data for advisers
FCA rules are clear – suitability means advisers must research the market, then “conduct detailed due diligence on the recommended solutions” (TR14/5). FOS is now also considering adequacy of adviser due diligence.
DD|hub streamlines the process, giving advisers free online access to due diligence data from discretionary managers, platforms and multi-asset funds:
• Comprehensive library of questions/responses
• Optional scoring, to keep track
• Comprehensive reporting and evidencing
• Receive updates for monitoring
Consumer duty (and the latest Dear CEO letters) bring this into sharp focus: advisers must get this right and document their reviews.
Register free: ddhub.co.uk/AdviserRegistration.