Are financial advisers too protective of the word ‘advice'? There is a gap - no, a chasm - between what the public understands as advice (‘Wotsits are way nicer than Discos') and what you and I know it means in the world of financial services.
For example, were I to one day set up FCA-regulated Scott Sinclair Advisory Services (which'll never happen), what would differentiate me from The Pensions Advisory Service? I would know, as would you...
Partner Insight: Cathi Harrison, director of para-sols and Apricity and Clare Farrell managing director at Northfield Wealth met in London recently to discuss how to stay on top of regulatory risk.
CEO labels whistle-blower as 'brave'
Adds up to £130m FUM
Our weekly heads-up for advisers
Think tank report