Green added that while there is much talk about the regulations, it is the public who should be asked what they want.
“I think everybody is moving in the direction of a 1% per annum type model. We’re moving in that direction as well. Everybody, in my opinion, wants personal advice, but also technology which enables them to use their phones to be able to change currency, to be able to see what’s happening with up to date information, as well as personal advice whenever they need it, plus reduced costs through using technology. That’s my goal.”
To read about Nigel Green’s plan to target a different type of adviser in part one of this interview, click here.
