IFAs do not only have the regulator and product providers to contend with. The Diary was shocked to learn of the plight of Simply Biz chairman Ken Davy, who has been dealing with some trouble of his own.
The Diary bumped into a somewhat shaken Davy at this year's Aifa dinner, where we learnt that PI cover and the latest consultation paper are the least of Simply Biz's problems.
“They come in through the window at night,” said Davy “They came in through the front, then the back and I am sure they will come in the side the next time. They use a ladder, don't you know.”
The solution to the burglars? Davy says he is sneaking into his office in the early hours of the morning to try and apprehend the bandits personally.
While we salute his bravery, the Diary thinks this business should be left for the relevant authorities and we hope it has not dampened Simply Biz's first birthday celebrations.