What did Sants ever do for us? IFAs' verdict

clock

He may have inherited a poisoned chalice but Hector Sants did little to improve the industry, advisers say.

Andrew Merricks, head of investments, Skerritt Consultants "I don't really have any sympathy for him - he was paid well. He has overseen an extremely volatile period in the financial sector and the regulator will never get any praise or credit. For his replacement, we need someone independent, who has not been involved in the financial sector and is coming from a completely different angle and does not buck to pressure." Harry Katz, principal at Norwest Consultants "I would counsel that we should be careful what we wish for. Whoever steps up to the plate will hardly be a soft and...

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 Your profession

Andrew Goodwin: It's time for advisers to think differently about innovation

Andrew Goodwin: It's time for advisers to think differently about innovation

'Ours is still a profession that rightly places enormous emphasis on the human touch, relationships and trust'

Andrew Goodwin
clock 04 July 2025 • 4 min read
Altus' Holford urges advisers to reframe concept of advice gap

Altus' Holford urges advisers to reframe concept of advice gap

Traditional models of value, service and delivery are being challenged

Sahar Nazir
clock 04 July 2025 • 2 min read
PA Asks: Do you keep in touch with clients when on holiday?

PA Asks: Do you keep in touch with clients when on holiday?

Plus, targeted support worries and BDMs

Professional Adviser
clock 04 July 2025 • 1 min read