I know I risk an accusation of navel-gazing, but there are wider implications here. It’s admirable to try to bring some sort of collective voice to the many thousands of small advice firms. Trouble is, until any group has a majority (over 14,000) rather than a few hundred members, no-one will listen. Just as, when a million marched against Brexit, the pro-lobby’s shout was ‘what about the other 16m?’. And no union will be able to fight for the rights of the huge numbers of gig-economy, self-employed van drivers and bike riders on less than the minimum wage. Pass me that soapbox, please…
“Letter of authority: Why now is the right time for change”
This may sound like a non-issue from outside the world-of-financial-advice bubble. It is the bain, however, of the daily working lives of many of us, particularly of those paid by we advisers to do the dirty work of dealing with the many providers with whom we have to work.