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Lamplighters

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Steve


Hello Lamplighters!


I hope you're all doing well. Today, I wanted to share an article that delves into a topic close to our hearts: transparent and ethical financial planning.

Article: Navigating Regulatory Changes in Wealth Management: A Closer Look at St James's Place

St James's Place, a leading wealth management firm, is making headlines as it undergoes a significant overhaul of its fee structure. This is in response to new consumer duty rules, aimed at ensuring better outcomes for clients.

https://academyoflifeplanning.blog/.../st-jamess-place.../

Why is this important? Well, the company's share price has taken a hit, dropping by almost 10% in one day and 57% over the last two years.

This case serves as a vital lesson for all of us. It highlights the impact of regulatory changes on a company's business model and raises questions about the ethical considerations in financial planning.

As Lamplighters, we're all about shining a light on practices that need reform and advocating for a more transparent and ethical approach to financial planning. This article provides valuable insights into these very issues.

I'd love to hear your thoughts and start a discussion on this. Let's keep the light shining bright!

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