Best of the best? Why 'one-stop' advice shops are not the silver bullet

There has been a revival of the idea that a "one stop shop" approach to the giving of financial advice is the way forward. Why not look after a client's financial needs from cradle to grave? The super or hyper market can offer everything you'll ever need so, just visit one retailer for all your needs. Well, why not? Tesco's can't be wrong, can it? The financial advisory sector has seen enormous changes in this country since the first, tentative phases of regulation came in under the second Thatcher government in the eighties, and since then we have had a number of visionaries who have ad...