Tick-a-box approaches to compliance may not only be expensive and time consuming but they could also be holding advisers back from taking the next step in putting ethics into practice and advancing towards broader community trust and professional recognition, JB Were’s Kym Bailey and McMahon Clarke’s Selina Nutley discuss.
Advice quality improving, but ‘exceptional’ advice remains elusive
The quality of advice continues to improve rapidly, with “poor” and “very poor” advice dwindling, and a new analysis suggests that even though “exceptional” advice remains elusive it’s a legitimately aspirational goal for advisers prepared to put in the effort to go the extra mile.
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