Consultant: The bigger, better, brighter ways of working in advice

"Financial advice on the high street is fast becoming a thing of the past. The internet killed Comet, Jessops and HMV. For the banks, building societies and their insurance-company partners, regulation poses a similar-size threat. Senior people in big financial services firms are just too scared of the risks associated with providing advice to the public. They can't see a way to make sustainable profits. As a result, many of these firms are introducing high minimum client thresholds. Others - including Santander, Axa and Barclays - are exiting the retail market entirely. For spe...