Why political kite-flying is not helpful for clients or advisers

'It is our role to help them navigate this noise'

clock • 4 min read

Neil Moles assesses the political landscape ahead of the Autumn Statement and forthcoming general election. Here he outlines why policy announcements through the press make financial planning more difficult...

In 1947, Labour chancellor Hugh Dalton resigned. He felt he had no other option but to give up one of the great offices of state after he was found to have revealed details of the Budget to the press. The paper in question published the scoop, much of it market-sensitive information, before the speech was delivered and its key highlights hit the streets 20 minutes before Dalton stood up in the Commons. Compare this with the media-political environment of today, when for the last month and with still a month to go before the Autumn Statement the press is full of ideas being floated, wa...

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 Your profession

Octopus Money: Why a Seccl-backed platform integration is for us

Octopus Money: Why a Seccl-backed platform integration is for us

'Technology and compliance acts as an anchor in the industry'

Sahar Nazir
clock 18 April 2024 • 1 min read
AJ Bell platform hits £80.3bn AUA as advised customers increase

AJ Bell platform hits £80.3bn AUA as advised customers increase

The firm recorded total advised customers of 165,000

Cristian Angeloni
clock 18 April 2024 • 2 min read
Women in Financial Advice Awards 2024: Two weeks to nominate!

Women in Financial Advice Awards 2024: Two weeks to nominate!

Awards ceremony on 6 November at London’s Marriott Grosvenor Square

Professional Adviser
clock 18 April 2024 • 1 min read