The battle for independence

Being a financial adviser must feel like torture by a thousand cuts - or regulatory reviews. I'm ol...

Being a financial adviser must feel like torture by a thousand cuts - or regulatory reviews. I'm old enough to remember the original A-Day, back in the 1980s when we still had Margaret Thatcher, Roland Rat and Duran Duran, and in the summer it was hot. But even in those days, the future of the independent adviser was in doubt. Two decades later it is still being protected and you're all hanging in there. This is despite the best efforts of politicians, the Consumers' Association, the life industry and, I'm sure many of you feel, the regulators. Politicians have had it in for you since t...