Financial services are changing; get your mailing list today
The UK financial services sector, has experienced more turbulence and change in the last 5 years than probably the previous 20. Stay ahead of your competition and buy a mailing list for the financial sector today.
How have marketing services have changed?
This has affected everyone. And the effects continue to be far-reaching, no less within the industry itself. For example, changes in regulations have seen thousands of independent financial advisors (IFA’s) take early retirement. This is in the face of a requirement to gain a whole raft of professional qualifications that weren’t necessary previously to trade.
Independent mortgage brokers to have consolidated, with the property market collapse being too long. So sustained for them to survive to benefit from the current resurgence in housing market confidence.
The large wealth management companies have gone through a period of growth and consolidation. As a result of asset management has become more complex and skilled to achieve strong client returns. Just the latest change is greater transparency of fee structures. This being imposed in April 2014. This follows a review of industry changes. Which is known as the Retail Distribution Review. This will mean that the previously blanket annual management charge of, for example, 1.3% a year must now be broken down into a clear list of fees. This shake-up has been the catalyst for a potential price war in asset management charges. Leading to many large companies announcing reductions in their charges ahead of this greater transparency.
What does this mean to you as a business?
What does all this change mean to you as a business if the mailing list service for the financial sector is one where you have customers or potential customers?
It certainly means that any data list you may have is likely inaccurate and out of date. It also means that as a sector experiencing such a high level of regulatory and market change, it needs a raft of different external services. For example, do you provide financial services industry accreditation and regulatory advice? Are you a training company that can provide training in change management or specific financial services qualifications? Maybe a good PR agency is what a firm needs right now to enhance the battered image of financial services…
How we can help…
Whatever professional mailing list service you currently purchase, there’s probably never been a better time to reach out to an up-to-date list of the top 2000 UK financial services companies. And at Business Data Prospects, this is a key list we supply: Financial Services.
If you have any questions or want to inquire or simply connect on LinkedIn Business Data Services, please contact us by calling the number above or filling out our contact form to request a call-back.
