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What are the wealthy to do?

According to Wealth Briefing:

A shortage of top-class client relationship managers in the world’s wealth management industry threatens to undermine its efforts to keep up with demand, according to a survey by PriceWaterhouseCoopers, the accountants and consultants.

No wonder Gordon Brown wants to teach entrepreneurship in the UK’s primary schools.

3 Comments

  1. James Cross wrote:

    The problem is that Brown wants to teach it but then also to tax it and strangle it at birth.

    Posted on 26-Mar-08 at 10:21 am | Permalink
  2. James

    Do you really think it’s as simple as that?

    Richard

    Posted on 26-Mar-08 at 10:54 am | Permalink
  3. James Cross wrote:

    I think the view may be oversimplistic but it is how I feel things are structured in this country. There certainly is an ever increasing burden of tax on the businessman and the recent changes to tax rates to try to trap people who work as hourly paid contractors through limited companies will simply increase the tax burden for entrepreneurs.

    It is probably more an unintended consequence than a deliberate attempt but the end result is the same.

    Posted on 26-Mar-08 at 4:22 pm | Permalink

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