Higginson: Sort out industry representation...or else

clock

Sesame Bankhall Group chief executive George Higginson has warned the advisory community it risks having further unwanted reforms thrust upon it if it does not better represent itself.

He was speaking during a panel session at the Sesame Symposium in London today when he was asked about why providers, not advisers, tended to dominate industry debates and events. Higginson said he thought the advice industry was poor at representing itself. He said the advisory community needed to "come together" if it wanted to stem the flow of unwanted regulation. "Some nutter down the road will come up with ideas we don't like" if it doesn't unite, he said. "One of the problems we have in our industry is we don't have a joined-up body," he added. "We have the ABI that repres...

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 Networks/Clubs

FCA to review advice and mortgage panel deals in new market study

Regulator has concerns about competition in sector

Carmen Reichman
clock 16 May 2016 • 2 min read

Mortgage Advice Bureau takes £350k stake in conveyancing business Sort

Listed mortgage adviser network the Mortgage Advice Bureau has bought a 23% stake in online conveyancing firm Sort to enhance its distribution channels.

Carmen Reichman
clock 11 December 2015 •

Financial services firms team with property surveyors

Two financial services firms have teamed up with property surveyors to fuel their growth strategies and benefit from new revenue streams in the UK housing market.

Carmen Reichman
clock 05 January 2015 •