Why we need an asset management fight back

2016 will be an important year in asset management

clock • 2 min read

Lawrence Gosling knows making new year predictions is a dangerous game, but he's never been one to play it safe...

It is always dangerous to make predictions for the year ahead because they are inevitably going to be wrong. However, I believe 2016 could be the most important year the asset management industry has experienced since 1986. Twenty years ago saw the advent of the Financial Services Act, which eventually came to pass on the original A-Day in April 1998 and established the environment of independent or non-independent advice we have all worked with since. It also marked the beginning of pricing competition within the unit trust industry, which until that point had been set by statute. Ov...

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