Triple whammy: the challenges facing outsourcers

This is a challenging time for financial advisers to say the least. The whole financial services industry from top to bottom is being hit by wave after wave of new regulation, and advisers are far from exempt. In fact, one could claim the attention being paid to the humble adviser is a little unfair; advisers were not behind the major mis-selling scandals of recent years or the selling of complex derivatives to financial institutions often blamed for the financial crisis. However, there is a lot of sense behind the recent regulation and reform, although the difficulties advisers are s...