FSA proposes strict commission rules for financial advisers | Money | guardian.co.uk: "Jon Pain, managing director of retail markets at the FSA, said: 'The review is about regaining consumer trust and confidence in the retail investment market,"
There are none as deaf as those who don't want to hear!
The only distribution model which is trusted is the Independent Financial Adviser, the public lack confidence in the regulators, the banks and the life offices who have let them down time and again.
These proposals will do nothing for confidence, they will simply remove choice for the mass market.
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