Question of the week: Do we really need a change to the way financial advisers operate? Money The Observer: "The review will have a fundamental impact on how you deal with your IFA, banker, pension provider or stockbroker. But it should not be change for change's sake.
Given the progress the IFA community has made by improving professionalism and levels of trust over the past 10 years, there's a strong argument the regulator should have focused its attention elsewhere".
We couln't agree more, if the FSA had spent more time supervising the banks instead of tinkering with nebulous concepts we might not have been in the mess we see around us today.
Evan Owen
The IFA Defence Union
www.ifadu.co.uk
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