Dead as a... Are regulators driving IFAs to the brink of extinction?

It transpired that the dodo’s inability to fly was to its eternal disadvantage. Its great misfortune was to taste delicious. Those in the know assume that dodos became flightless because of the absence of predators and the abundance of food. However, within a hundred years of their discovery, these birds graduated from being sitting targets to becoming extinct. We can only surmise the effect of their absence on the ecology of the Indian Ocean. Less difficult to imagine is the impact of the disappearance of IFAs. Financial advice has come a long way in the last 25 years. Most would ...