A couple of years back, I had the fortune to bump into a charming grey-haired wealth adviser by the name of Philip at a leading investment conference.
He looked as bored with the main ‘keynote’ speakers as I was – we were both hovering around the mid-afternoon tea and biscuits section in search of nourishment while the main floor veritably buzzed with excitement about the electrifying merits of providing a sustained income from equities. As one generally does over tea and biscuits, we got talking. He suggested his job was becoming more rewarding, not less, despite all the hullabaloo about increased regulation. “It is a pain, but it comes with the territory of being a professional,” was his view. “I am lucky to be dealing with wealth...
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