A good ten years ago I mentioned in a speech that we were professionals. I was rudely interrupted at that point by an observer who said that by definition we couldn't be professionals as we weren't in a profession.
I confessed to being speechless for a second and then agreeing with him. To this day we are not really any further on. It’s all very reminiscent of my management training days when you had to manage someone who was ‘unconscious incompetent’ but thought he was ‘consciously competent’ - a bit like the three-year-old who stands on the car seat and believes he is actually driving. Unfortunately, most financial advisers who cause good financial advisers excessive FSA and FSCS bills won’t get to the point at age 17 when they stall their car, accept that message, learn, and move on. Callum McC...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
