Financial advisers are having to make recommendations in an environment that, given the potential fi...
Financial advisers are having to make recommendations in an environment that, given the potential financial consequences, place us uncomfortably far beyond what any sane person would regard as a sensible exposure to risk. With no time limit on compensation claims, every adviser approaching retirement is working in an environment where each and every piece of advice they give represents a risk to their own retirement. They can never relax because a claim may occur perhaps 20 years down the line when the FSA might well come under political pressure to bring hindsight into the equation when ...
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