There is too much jargon. We keep missing opportunities to make life easier.
I’m not saying there wasn’t regulation when I started but in 1970 it was a few chapters. It was early days for the whole advisory sector, hugely different from today’s landscape.
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I admire what Steve Webb has done. If you look back in 20 years, you will look at these five years as one of enormous – and in the main, positive – change.
There are a small number of greedy individuals. Some of whom are advisers and it really does worry me.
Post-April, it could be a disaster not just for the unregulated fraternity but for the regulated as well. In the public eye, the difference between regulated and unregulated advice is far from clear.
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