Investec Wealth & Investment announced as latest provider partner for Panacea Adviser
Partner announcement for Financial Advisers & Paraplanners
21 Apr 2017
Panacea are delighted to welcome Investec Wealth & Investment as the latest firm to join its rapidly growing roster of discretionary fund management provider partners.
Investec Wealth & Investment (IW&I) is one of the UK's leading investment management companies with over £31.4 billion of assets under management as at 31st December 2016. IW&I have worked closely with clients and their trusted financial advisers for many years and gained a unique understanding of the specific needs of their clients. The heart of IW&I’s business is investment management for individuals, charities, trusts and clients of financial advisers. IW&I invest on behalf of their clients on a bespoke basis, seeking the best and most tax-efficient returns on their capital at all times.
As Panacea’s latest provider partner, IW&I will be providing Panacea users with a variety of valuable tools and resources including videos and industry news from IW&I’s research team, along with educational reports and practical due diligence questionnaires.
Derek Bradley said: “Our list of discretionary fund management provider partners has been building steadily, reflecting the increasing popularity of outsourcing following the Retail Distribution Review. At Panacea Adviser, we’re focused on giving advisers access to the best support materials and content to support their businesses. Education around best practices for outsourcing looks set to become a key area of focus going forward for advisers, as the regulator continues to emphasise the importance of DFM due diligence. IW&I’s depth of market knowledge and prominence in the global financial services industry will prove an invaluable addition to our growing community.”
Mark Stevens, Head of Intermediary Services, Investec W&I, said:
“Investec Wealth & Investment remains committed to supporting its Financial Adviser partners. Joining the Panacea Adviser online community will enhance the existing communication channels and provide advisers further access to a wide range of information aimed at improving client outcomes. We appreciate that some advisers remain sceptical of the benefits of embracing Discretionary Investment Managers but hope that a greater understanding will allay their fears. Our aim is always to collaborate with advisers and not compete with them, as we strongly believe that together clients will benefit from a more comprehensive service in these uncertain times.”