Chris Jones: Once there was a time

'The real value of an adviser has always been in the advice itself'

clock • 4 min read

Hot on the heels of the new Consumer Duty we now have the regulator's latest steps in its Consumer Investment strategy. Chris Jones shares his insight...

It was Milton Friedman's birthday on Saturday 31 July, a few days after mine though many years before. Since my articles appear in Professional Adviser's ‘Your Business' section, I thought it might be a good time to revisit his famous quote/doctrine from 1970. "There is one and only one social responsibility of a business - to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud." Of course, this applies to your business every bit as...

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