Advisers on what has changed since the '08 crash

FIVE YEARS ON

Laura Miller
clock

Five years on from the financial crisis is the world of money a safer place? Laura Miller asks the advisers on the front line.

Five years ago the financial world was in turmoil. Problems that had been building up for years - subprime mortgage lending, easy credit conditions, the over leveraging of banks - converged and blew up, affecting global markets, governments and people everywhere. Financial institutions collapsed and politicians, largely in developed countries, pumped billions into the sector to prop it up - a legacy which will take generations to right. Regulation has been overhauled in this country and around the world. The five year anniversary of the biggest financial disaster since the Great Depre...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Four potential 'black swans' for 2025

Four potential 'black swans' for 2025

'Four unlikely but nonetheless plausible scenarios'

Nathan Sweeney
clock 03 January 2025 • 4 min read
What two pizzas tell us about Bitcoin

What two pizzas tell us about Bitcoin

Laszlo Hanyecz really needed a slice...

Laith Khalaf
clock 19 December 2024 • 6 min read
Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Bank of England MPC meeting due on Thursday

Sorin Dojan
clock 18 December 2024 • 3 min read