With the industry currently divided over tied, independent and multi-tied advisers, the focus should be on what is right for the consumer
We have seen over the past few years a marked reduction in the level of charges being levied on investors. We have also been affected by a huge amount of regulation and a significant amount of regulatory change. Over the next few months, we will start to see a clearer picture as to how the industry will need to respond to these changes and what sort of cohesive framework we will be asked to work within. So what does all this mean? If we start off with industry consolidation, we can see many names that have been removed from the financial services industry either through merger...
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