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

Global small-caps and the case for direct engagement

Global small-caps and the case for direct engagement

'We firmly believe these interactions have significant merit'

Tobias Bucks and Simon Wood
clock 07 April 2025 • 4 min read
Into the Spider-Verse we go: Chris Justham assesses Trump Mk II

Into the Spider-Verse we go: Chris Justham assesses Trump Mk II

'The cognitive dissonance when your beliefs don't add up cause very real pain'

Chris Justham
clock 04 April 2025 • 3 min read
Investors hold back on equity exodus as they brace for Trump's next move

Investors hold back on equity exodus as they brace for Trump's next move

UK equity funds suffer

Linus Uhlig
clock 03 April 2025 • 2 min read