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Regulation leads to poor quality: Academic

Thursday 14th of March 2013

And Dr Michael Naylor, of Massey University, who worked with the Financial Services Council on its report into underinsurance, said good advisers had their scope limited.

“Once you start being an adviser who does the job properly you can’t actually deal with that many clients… the number of useful advisers in the country is 1500 or so, and they deal with the richest section of the middle...

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