The need for legislative and regulatory improvements to the CSLR with David Berry

In the latest episode of The ifa Show, host Keith Ford sits down with David Berry, inaugural CEO of the Compensation Scheme of Last Resort, to unpack the challenges of protecting investors when financial advice goes wrong.

They discuss high-profile failures like Dixon Advisory, Shield, and First Guardian, and the legislative and regulatory changes needed to ensure the CSLR’s long-term sustainability.

Tune in to hear:

• The complexities of addressing financial firm failures, including Dixon Advisory and United Global Capital.
• Legislative and regulatory improvements that could strengthen the CSLR for the future.
• How transparency and ethical advice are crucial to maintaining trust in the financial advice profession.