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There are numerous regulations and pieces of legislation guarding the financial services industry with some rigid systems in place.
In an article titled Consolidation is the dominant theme, published in the June edition of FAnews, it was mentioned that the value of an IFA’s practice depends on a number of factors and is heavily influenced by the negotiation skills of the parties involved and the nature of the acquiring individual or entity.
Recent years have seen an ever increasing emphasis on costs in the process of choosing investment management services and products, with special emphasis on the total expense ratio (TER) statistic gaining ground.
Investors often look for a big name when choosing an asset manager, with many assuming that by betting on Goliath they will be assured of superior service, better investment returns and less risk exposure.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?