OK, let me quickly recycle my article from previous years. The cost of regulation’s going up, we (and therefore you, our client) will be paying more for not very much, the same old scams continue and all that’s generated is more paperwork for us all. No need to check, we’ve all been saying the same things for donkeys’. Apparently, a big chunk this time will go towards their plan to regulate crypto-currencies. Not a hope, I’d say, as those involved are far too clever and the only ones who actually understand how bitcoins and the like actually work. But I doubt anyone will have heard my whistle on this very windy day…
“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.
