Paul Bruns highlights the pressure advisers face from regulatory demands and outlines where planners can find value in compliance support
At Simplybiz we regularly survey members to gauge their feelings on the industry and ask them what's keeping them awake at night. Our most recent survey indicated that, once again, regulation is viewed as the number one challenge for advice firms, closely followed by increasing administrative burdens - some of which is likely to be a result of regulation! There's a well-known saying in the industry that the only constant in regulation is change, and this is particularly relevant in this period of potentially significant change as the regulator looks to simplify the currently exhaus...
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