Seeing all the stories about Prince George starting school set me thinking about longevity and business succession issues for financial advisers.
Knock, knock. Are you there? More importantly, are you listening?
I ask this question because of the enormous opportunities the current market is presenting for each and every adviser, whether working within a large firm or a one-person practice, as an independent adviser or restricted.
There is currently very little that we know with any certainty about what to expect from the UK’s Brexit negotiations. Hard or soft? Single market or free trade area? Bad deal or no deal?
The arrival of MiFID II will see a new section added to the FCA Handbook, which refers to the requirement to make transaction reports to the FCA with regards to certain financial instruments.
The Financial Conduct Authority’s extension of the senior managers’ regime will help weed out “reckless and criminal firms”, financial adviser support firm SimplyBiz Group says.