Cutting down regulatory pressures

The news item did not go in to much detail but did suggest that the cause of this was chiefly attributed to increased regulatory burden and higher administration cost. It also identified the internet as being a threat to business. This is somewhat troubling news. No one likes to see firms going out of business but it is indicative of a competitive industry and one that is evolving at a rapid pace. No-one can afford to go to sleep on the job and assume that what has worked in the past will continue to work in to the future. All sectors of the financial services industry need to continually...