More Debate and Discussion on Paperless
This article from the Washington Post is another example of lobby groups trying to halt the unassailable march towards less paper. This example is very relevant for our industry – the US is moving towards approving e-delivery of mutual fund financial reports without the need to gain investor consent. Once the consent process is gone, we can all expect massive adoption as mutual fund companies pursue cost reduction and the elimination of waste. It is just a matter of time, before these changes will come north.
Tags: Financial Services