There have been a lot of questions raised in the industry of late about the voices contributing to industry reform consultations, and where the intermediary voice fits into that.
Those of you keenly reading the IFAonline blogs this week will have noted key figures in the market are concerned not enough advisers are speaking out on developments which affect their business and as a result could be presented with regulatory and government reforms which not only bring more administrative work, but could severely hamper the intermediary’s business potential. It seems the situation is getting worse still, as the trade and professional bodies are becoming overwhelmed by the mountain of work required to complete every relevant consultation response and advise their members...
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