Good job I’m not a conspiracy theorist. I might otherwise be saying that our regulator would prefer to regulate fewer, bigger companies, rather than having to keep tabs on thousands of smaller firms of advisers. So pushing up the amount of dead cash we have to keep, in case we have to compensate someone, would be a way to drive many of those, either out of business, or into the arms of those bigger companies. The irony, of course, is that those who really need to compensate their clients go belly up long before they have to pay out. Anyway. Just another silly conspiracy theory, I’m sure.
“Advice firm Almond Financial moves to four-day working week”
The Four Day Week was much discussed and trailed post-COVID, when remote-working looked likely to end strap-hanging commutes for good and laptops on the kitchen table were to become the ’new norm’.