Aegon Adviser Attitudes Report 2021

As we saw for CIPs, the presence of a CRP was impacted by size of firm. 46% had a CRP in place where AUM was less than £5 million, compared to 59% where assets were over £100 million. Decrease in use of external investment expertise This year has seen a slight decrease in the use of external expertise to help create and monitor advisers’ fund ranges, with outsourcing of investment advice reducing from 44% to 38% when compared to our 2019 survey. As you might expect, larger firms (who find it more cost-effective to do so) are more likely to pay for external expertise – with 57% of those in firms with over £100 million in AUM employing external expertise either as part of their investment committee or as external research consultants. Who defines, creates and monitors the fund ranges your firm offers? 31% 30% 24% 7% 4% 4% 31% An investment committee made up of members of my company, supported by research from an external research firm 30% An individual in my company 24% An investment committee made up of members of my company only 7% An investment research firm external to my company 4% Other 4% Not applicable Aegon adviser attitudes report 2021 11