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 i...

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

Quilter reports platform net inflows of £1bn in first quarter

Quilter reports platform net inflows of £1bn in first quarter

Ongoing adviser charging review to start shortly after FCA talks

Jenna Brown
clock 24 April 2024 • 2 min read
Will IFA-owned platforms take over the financial advice sector?

Will IFA-owned platforms take over the financial advice sector?

PA talks to industry experts on the future of adviser-owned platforms

Sahar Nazir
clock 27 March 2024 • 9 min read
CGT support from platforms now 'adviser must have'

CGT support from platforms now 'adviser must have'

Shrinking personal allowances dragging more investors into CGT net

Jenna Brown
clock 27 March 2024 • 2 min read