Compliance Demands ‘Ruining’ The Industry, Advisors Say

July 10, 2018 by Brian O'Connell

Finance professionals are budgeting more and more time each passing year to filling out forms and documenting meetings — all part of compliance demands they say are “ruining” the industry.

Increased reporting demands created by new regulations have had a negative impact on the industry, especially client service, a recent national survey of 40,000 financial service professionals concluded.

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Originally Posted at InsuranceNewsNet on July 9, 2018 by Brian O'Connell.