Ambulance chasers receive strong rebuff from financial planners
Criticisms of financial planners by compensation lawyers were recently labelled shameless by industry leaders and dealer groups, while the Government too came in for criticism for the manner in which it had handled its FOFA legislation. All this and more in the latest online edition of Money Management.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
