Advisers on what has changed since the '08 crash

FIVE YEARS ON

Laura Miller
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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...

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