Quick and cheap? Might a new simplified advice service finally open up regulated advice to the masses?
You know what the red corner says about simplified advice, don't you? ‘It sounds good but it's not profitable', it says, ‘Wish we could but the rules aren't clear'. ‘It won't work'. The blue corner...
The forces at play in investment - most obviously, regulatory change, uncertain markets and shifting demographics - are as strong today as they were when Professional Adviser launched its sister magazine Multi-Asset Review in 2017.
Regulator has visited some firms already
Platforms react to Fidelity blocking Income Focus purchases
Chris Hill's letter to Treasury
Cash balance surges