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Agreed

Quite right. Its sad that many firms and networks do not have adequate management of their risks. Many have favoured profit over risk management which has led to their downfall or sudden panic to put adequate controls in place. We have seen some horrendous advice from individuals and firms who have been subject to little or no control or advice audit. Although the cost of both time and resources are significant, they are essential to operating professional practices for longevity and ensuring the negative elements of our industry are minimised and controlled.

Posted by: stuart white - zone financial

22 Jul 2010 | 11:26
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Why you need to get tough on risk management

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