Quote Originally Posted by Dudleywolf
This year not bad at all thanks Wokes, Just when my residual income has built up to 8ok gross, about 50k netpa the Bleeding FCA bring in a sunset clause that comes in in 2016 and threatens my future. Like you I cannot see myself retiring fully, just become a servicer! The alternative is to sell the business but 3x annual income is nowhere near providing the annual income by continuing to work.
Killing a bit of time yesterday, I stopped to look in the window of a 'job shop' in Farnborough. I couldn't believe that they expected people to work for some of the salaries being offered - they seem to be on a par with what was being offered in the 1990s. Best thing I ever did was to get out of mainstream financial services and do my own thing, even if the Revenue have removed my additional allowance because I earn too much in their eyes. (I seem to recall from a previous thread that another of our posters is in the same boat). A good