Advisers should build professional contacts

The tightening of trust and tax regulation in the UK is causing concern for advisers trying to give advice in the area, according to Brian Murphy, senior financial planning manager at Axa Sun Life. However, he said advisers could overcome any confusion by developing professional relationships with solicitors and accountants to help them give correct advice. Murphy said: "If advisers want to grow business in the future they need to develop professional connections with solicitors and other professionals. Changes in financial legislation is making the world a more complicated place and advi...