Quilters has one of the biggest networks of advisers, having bought, amongst others, my former home Positive Solutions (which had already been bought and sold several times). An exec somewhere has decided to have a look under the bonnet, found a very big barrel of apples, some better looking, some more rotten than others and decided on a cull. Forgetting, as they all do, the age-old ’80/20’ rule. You get rid of your least productive 20% and what happens? 20% of the remaining 80% become less productive and leave, as they realise they’re now the bottom of the barrel. Plus ça change.
“Amazon invades financial services with home insurance launch”
Amazon, like Musk, and Branson before them both, can afford to try lots of stuff and fail at some.
