We use cookies to improve site performance and enhance your user experience. If you'd like to disable cookies on this device, please see our cookie management page.
If you close this message or continue to use this site, you consent to our use of cookies on this devise in accordance with our cookie policy, unless you disable them.

In association with

Home > Training > Adviser Guides

From Adviser Guide: Outsourcing fund management part 2

Q: How do I put in place an outsourcing agreement?

The outsourcing agreement will be a tripartite agreement that clearly sets out each participant’s roles and responsibilities.

By Emma Ann Hughes | Published May 17, 2012 | comments

The key factor in this agreement should be the protection of the client, according to Carl Lamb, managing director of Almary Green.

Even in the event of a breach and failure of the agreement in the future, Mr Lamb said the client’s holdings should not be penalised.

He said the agreement should ensure that all parties have the right to challenge the performance of their partners and to end the agreement if things don’t work out.

Most discretionary firms will provide advisers with an outsourcing agreement for them to complete, according to Mark Soonaye, product director of Octopus Investments.

Advisers should consider taking advice from their lawyers or legal department if they have any doubts over the agreement, he added.

Finished reading all the other articles in this Guide?Bank 1hr of Structured CPD

Most Popular
More on FTAdviser
FTA jobs
  • Business Development Manager

    Location: South East

    Salary: To £60,000 (including car allowance) + Bonus + Benefits

  • Financial Advisor

    Location: Geneva, Hong Kong, Dubai, France, Spain

    Salary: £60,000 + depending on experience plus performance bonus or competitive commission package

  • Equity Release Adviser - leads provided

    Location: West Midlands / Cumbria / Scotland

    Salary: To £27,000 + £4,560 car allowance + Bonus (OTE £45,000) + Benefits