New world order for the industry

With many providers going out business or merging those that remain must focus on their relationships with advisers

For the financial services industry, the world has changed for ever. The old providers are dropping like flies; one by one they are disappearing, either closing their doors to new business or merging with like-minded organisations - and then closing their doors to new business. Over recent years, a dramatic number of the leading players have disappeared - some are even known to have revised their business strategies concluding that there is no place for them in the new world and withdrawn from the market. The businesses that do survive are being forced to consider their core competenci...