2.5 Week 2 round-up
There is plenty of change currently unfolding in the financial services industry. New banks are challenging the existing incumbents. Pay and bonuses are more tightly regulated than before the financial crisis. Retail banks are in the process of becoming ring-fenced from the speculative activities of their associated investment banking arms. New rules are being applied to the ways financial advisers operate. The insurance industry is adjusting to new rules on discrimination and to medical advances. In addition we are increasingly doing our financial services business on phones, tablets and laptops as opposed to calling in at bank branches.
But while the structure, operation and regulation of financial services are changing, what about the current issues and developments in respect of the products on offer?
This is what we turn to in Week 3.
You can now go to Week 3: What’s on offer? The marketplace and current issues.