PA360: 'My old calls for caveat emptor were misplaced' - PFS's Richards

'Everyone is a vulnerable client'

Tom Ellis
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Keith Richards: “I used to argue for caveat emptor to come back in a previous life, but I now realise how misplaced that was."
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Keith Richards: “I used to argue for caveat emptor to come back in a previous life, but I now realise how misplaced that was."

Speaking at this week's PA360 conference, Keith Richards said he had realised "how misplaced" his previous arguments for the return of 'caveat emptor' were now the sector has become more professional.

The Personal Finance Society (PFS) chief executive told delegates at Professional Adviser's insugural all-day conference that 'caveat emptor' was only for when people are buying a product, but the evolution...

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