Is it possible for an IFA business to completely trust a third party which may have values at odds with its own? David Ferguson, CEO of Nucleus Financial, doesn't think so…
A topic I have been thinking about a lot recently is that regarding conflict of interest. This train of thought was sparked when I recently spoke at an Institute of Financial Planning (IFP) event. I was fortunate enough to have been asked to lead a discussion on ethics and, amidst a load of other interesting stuff, one of the topics of conversation I enjoyed most was on this very subject. Ever since Nucleus announced it was launching a platform business that would be majority-owned by the advisers that used it, people have occasionally queried whether our model could lead to a conflic...
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