What's wrong with ... Financial Advice UK? - Softcover

MacDougall, Alistair

Softcover

ISBN 13: 9798306434681

Publisher: Independently published, 2025

Synopsis

What's Wrong with ... Financial Advice UK? – Observations from 51 years in Financial Services

Product Description:

"What's Wrong with ... Financial Advice UK?" takes a critical look at the current state of financial advice in the UK, highlighting the systemic issues that affect both advisers and clients alike in 2025.

In this eye-opening book, financial services veteran Alistair MacDougall offers a series of personal observations about the UK financial advice sector. Opening with some comments around the culture that exists in the advice sector, subsequent chapters cover a variety of issues affecting adviser firms.

Aspects covered include:

• An overview of key points relating to VAT and financial services, indicating some of the potential issues and the action that firms should be considering.

• A detailed examination of the pension transfer debacle since 2015, The issues and problems identified provide a clue to how the quality of financial advice generally can be improved.

• Switching products held by newly acquired clients seems to be pretty much a default position in adviser firms. That is a major issue in itself and the quality of switching advice has long been less than satisfactory. The book examines the underlying reasons and remedies.

• Why ongoing advice is the biggest unaddressed issue – potentially an existential threat for many firms.

Whether you’re a financial professional seeking to improve your practice, or simply someone interested in understanding the inner workings of the financial advice industry, this book provides a critical yet well argued perspective.

Key Features:

• Expert insights into the current state of financial advice in the UK.

• Critical analysis of what needs to change for a more transparent, client-focused advisory environment.

• Actionable advice on how financial advisers can adapt their current advice business model and practices to survive in tomorrow’s regulated advice world.

Why Read This Book?
"What's Wrong with ... Financial Advice UK?" is an essential read for anyone who seeks to understand how financial advice is delivered in the UK and the challenges that must be addressed for a fairer, more effective system.

Get your copy today and take the first step towards addressing the issues around financial advice in the UK.

I was having chemotherapy for an aggressive cancer as I wrote the book. Accordingly, it is not published for personal profit. Both the paperback and e-book versions have been priced at the minimum allowable by Amazon, as have the royalties. I hope this will encourage people to read the book and also that readers might make a donation to Cancer Research UK using the Just Giving page link in the book. Net royalties will also be donated to Cancer Research UK.

Edition details

• Publisher: Independently published
• Publication date: 2025
• Language: English
• ISBN 13: 9798306434681
• Binding: Paperback
• Number of pages: 247