The RDR and fresh capital requirements are proof of today's culture of over-regulation, or so some say. Yet Peter Lawrence, an IT expert of 30 years, is diving head-first into the industry by launching an IFA...
While many are contemplating their futures as a result of increasing costs and extra regulatory scrutiny, Lawrence, from Fleet in Hampshire, is bucking the trend. He established Prime Time Financial, a trading arm of Keystone Financial, in December last year and will be offering financial advice on investment, pensions and insurance for individuals approaching retirement. After a short time in the industry, he says the FSA is "going in the right direction" and that the RDR is "in principle a positive step forward". A natural businessman, Lawrence did contemplate joining a firm of ...
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