Advisers on what has changed since the '08 crash

FIVE YEARS ON

Laura Miller
clock

Five years on from the financial crisis is the world of money a safer place? Laura Miller asks the advisers on the front line.

Five years ago the financial world was in turmoil. Problems that had been building up for years - subprime mortgage lending, easy credit conditions, the over leveraging of banks - converged and blew up, affecting global markets, governments and people everywhere. Financial institutions collapsed and politicians, largely in developed countries, pumped billions into the sector to prop it up - a legacy which will take generations to right. Regulation has been overhauled in this country and around the world. The five year anniversary of the biggest financial disaster since the Great Depre...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Bank of England holds interest rates at 4% as Budget looms large

Bank of England holds interest rates at 4% as Budget looms large

Five MPC members voted to hold rates

Michael Nelson
clock 06 November 2025 • 3 min read
Partner Insight: Tariffs are here to stay. What's next for investors?

Partner Insight: Tariffs are here to stay. What's next for investors?

The current outlook for US tariffs is complex and their full impact on growth remains to be seen. Columbia Threadneedle Investments explores what advisers need to know, key events to keep top of mind and how to navigate the uncertainty.

Columbia Threadneedle Investments
clock 23 October 2025 • 5 min read
IFS: Reeves must plug £22bn fiscal hole to restore 'tiny' headroom

IFS: Reeves must plug £22bn fiscal hole to restore 'tiny' headroom

Think tank urges chancellor to avoid 'limping from one forecast to the next'

Linus Uhlig
clock 16 October 2025 • 2 min read