It was good to get away last week for a break to sunny Devon, beating the G7 hordes heading to the South West. 

Clients are getting older, on average. It’s an inescapable fact that I was reminded of this week with the launch by St James’s Place of its Care Concierge service, aimed particularly at clients over-80.

Whenever I hear of a new regulatory initiative designed to crack down on rogues or bad practice I always resist the temptation to cheer straightaway.

Consumers just do not trust financial services firms, that’s the long and the short of it.