Sunset clause: Don't forget about the 'Dickensian' orphans

Charles Dickens meets the sunset clause

clock • 4 min read

Ben Hammond shares his views on the fast-approaching sunset clause, famous orphans and the great works of Charles Dickens…

I've just finished watching ‘Dickensian' on the Beeb and spent most of the series slowly ticking off the characters I was expecting to see: Scrooge, check; Fagin, check; Miss Havisham, check; Tiny Tim Cratchit, check… but wait a minute, what's happened to Oliver?  He got left almost to the end, but finally the orphan popped up to be counted (and ask for more, please).   In the world of financial services, orphans (customers who are cut loose from an adviser or platform) also seem to be drawing the short straw when it comes to their relationship with whoever it was who sold them their inv...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

How is tech changing platform asset migration?

How is tech changing platform asset migration?

'Every transfer should be compliant, transparent, and in the client's best interest'

Tom Mullaly
clock 17 November 2025 • 4 min read
P1 Platform halves drawdown fees to ease cost pressures on advisers

P1 Platform halves drawdown fees to ease cost pressures on advisers

Enabling firms to extend advice and investment services to a broader range of clients

Sahar Nazir
clock 11 November 2025 • 2 min read
Advised platform AUM tops £711bn in Q3 with new business hitting 'all-time highs'

Advised platform AUM tops £711bn in Q3 with new business hitting 'all-time highs'

Headed towards a ‘record-breaking year’

Jenna Brown
clock 06 November 2025 • 2 min read