Phoenix firms are the thorn in the side of the advice profession, which pays out to rescue customers hard done by from other business's failures.
But what is the solution?
New Model Adviser®'s continued investigations into this issue have seen us campaign for regulatory action, but clearly more can be done.
What will happen now that phoenixing is getting an increasingly public profile?
Is progress being made on stopping phoenixing from happening?
And does the Financial Conduct Authority deserve any credit at all for its role?
This week's episode features New Model Adviser® editor Will Robins, along with regulatory reporter Elliot Smith. We kick things off with a discussion about platforms IPO, before revealing the results of our exclusive poll...