Prospect in the U.K.
For American firms that aren't spooked or crimped by the current markets, the U.K. presents very unique opportunities.
For American firms that aren't spooked or crimped by the current markets, the U.K. presents very unique opportunities. Though it's not clear what the FSA's retail distribution review will yield, it is likely that the model will resemble one used in the U.S. No one is deemed to be more knowledgeable about the future direction of the U.K. financial advisory industry than Lord David Lipsey, who is charged with overseeing consumer interests at the FSA. "The aim of the review is to work toward an alternative method to paying advisors by commission," Lord Lipsey says, adding that "this is the biggest conflict of interest in the giving of financial advice in the U.K. at the moment."
-Career Opportunities for Planners in the U.K.
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