News

Advisers’ biggest competitor hobbled

Wednesday 1st of August 2012

Douglas said low interest rates are likely to continue for some time and this will present challenges for advisers.

However, he said there could be a bright side: the value of financial advice is likely to become easier to promote in an environment where people can’t get strong returns by just slapping money into a bank account.

“The biggest competitor to financial advisers is the...

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