SK Financial chief executive Kunle Olafare speaks to Square Mile's Richard Romer-Lee about the challenges of facing advisers, what the future holds for fees and whether being independent is important...
Why does financial advice often get bad press? Product selling, commission bias, that was the backdrop of financial services in the late 80s and we are still paying a perception price for this. The media portray advisers poorly in many stories, some of which are justified, some are not. There are so many firms and advisers who do an exceptional job for clients. I am involved in focus groups and networks which helps to keep my pencil sharp. What are the main challenges facing advisers? Regulation is always there to challenge us, but we embrace it as part of what we do. The biggest c...
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