Investec Wealth & Investment (UK) is now part of Rathbones Group Plc. Find out what this means.
A well-constructed Centralised Investment Proposition (CIP) can help you meet both your clients’ needs and the regulatory requirements of Consumer Duty - read our guide to CIPs, created in partnership with The Langcat.
The FCA’s new Consumer Duty rules mark a major change in the way financial services are regulated. They place a strong emphasis on prioritising the needs of customers and demand a cultural shift in the way financial advisers operate. Complying with this regulation is placing new and increased responsibilities on advisers. Our research shows that 91% of firms use at least one CIP, up from 88% in 2021 and 87% in 2020, so firms will need to consider how they meet these regulatory requirements in the design and delivery of all their services, including their CIP.
In light of this, we have created a number of resources available for you and your practice so that you can feel rest assured that you understand what is expected of you and what steps you can take in creating a fully compliant CIP.
Resources available to you
Access both via the form below
A handy guide to Centralised Investment Propositions
We've partnered with The Langcat to produce a guide on putting together a Centralised Investment Proposition (CIP). Covering design, research and due diligence, ongoing monitoring, and the governance framework firms need to adopt, it also includes a checklist of the main points that will contribute towards running an effective and compliant CIP.
Investment services for financial advisers
Read our guide on how we can help you in designing your very own CIP in light of the additional requirements of Consumer Duty.
Download the resources
Leave your details by selecting the button below and gain access to these two guides.
Further information
Webinar: Building and running a compliant CIP
Watch on playback
The various rules and regulatory requirements for operating a CIP have evolved over the last decade, moving from RDR through MiFID II into Consumer Duty. On 5 March, Mike Barrett, Consulting Director at the lang cat joined us to explore this ever-changing regulatory landscape, as well as the wider considerations advice firms need to assess to ensure your CIP is generating the best possible outcomes for the firm, and more importantly, your clients.
Centralised Retirement Propositions
Special report
There has undoubtedly been an evolution in retirement planning, and advice processes and solutions since the introduction of pension freedoms in April 2015. But seven years on, the landscape has quite dramatically changed. Read our research report, commissioned with AKG, that delves into the world of retirement planning and takes a temperature check on the understanding, development and use of CRPs within intermediary firms across the UK.
Investec Wealth & Investment (UK) is a trading name of Investec Wealth & Investment Limited which is a subsidiary of Rathbones Group Plc. Investec Wealth & Investment Limited is authorised and regulated by the Financial Conduct Authority and is registered in England. Registered No. 2122340. Registered Office: 30 Gresham Street. London. EC2V 7QN.