The financial services industry can learn a thing or two about trust, forgiveness and reconciliation from the departed Nelson Mandela, argues Phil Billingham…
Financial advisers and regulators around the world are looking to the UK's Retail Distribution Review (RDR) as the model to follow for good practice, according to Phil Billingham.
Phil Billingham, director of the Phil Billingham Partnership and operations director of Perceptive Planning, delves into the past to see how we can create a brave new world from its ashes.
Providers have lost their primary means of competing with one another and are "starting to seem desperate" ahead of the Retail Distribution Review (RDR), Phil Billingham operations director of Perceptive Planning has said.
Trade body the IFA Centre has appointed Phil Billingham as a non-executive director.
Phil Billingham has stepped down from his role as head of business consultancy at Threesixty, although he will continue to work with the support services provider.
A quarter of advisory businesses have not yet reviewed their client propositions with the retail distribution review (RDR) in mind, research suggests.
The Financial Services Authority's (FSA) failure to clamp down on poor financial advice in banks and promote independent alternatives shows it is ‘hostile to consumers', it has been claimed.