What conspiracy? Examining the fallout from Godfrey's IA exit

clock

'Standing up for the little man' was one way Daniel Godfrey's exit from the Investment Association (IA) was depicted last week.

I guess when a comment like that comes from the Financial Times it is a crumb of comfort for the beleaguered Godfrey. But it is a strange set of words which implies Godfrey was somehow a 'whistleblower' in an industry bedevilled by something inherently against the interests of 'the little man'. In a debate about the way Godfrey led the IA, which may really only be of interest to those of us who work in the industry, it is worth remembering we are all 'the little men'. There will be virtually no-one who works in the industry that is not an investor with some form of savings. It does...

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 Investment

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read