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Financial services are one of the leading service lines for independent contractors. In part, this is due to the sector’s close ties to the rapidly changing world of regulation. However, independents could be set to further capitalise as the financial services sector undergoes a fundamental change. Digitisation has seen many traditional financial services move online, such as banking, investments and tax. This has accelerated since the relaxation of covid restrictions and as businesses have streamlined operations for maximum efficiency whilst adapting to new ways of working. The complex financial ecosystem of the future is already opening new doors within the sector. While Brexit brought new regulatory challenges, the advancing digital wave is seeing a renewed focus on customer care, with a need for knowledgeable and skilled advisors across the sector.
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