Insurance Times - Fair Fees: Brokers could boycott FSA fees
Can you blame your representative bodies for failing to ensure that the FSCS is based on fairness and logic?
Is it not time for ALL financial services firms to unite under a single trade body?
The only problem with that idea is that you may think you are different whereas in the eyes of the regulators you are simply another source of fees to pay their wages and fill the black hole in their pention pot and therefore no different in any other regulated firm, apart from the banks of course, they still get away with financial crimes.
Those of you who think the FSA is on its way out should remember that the same culture will prevail because the same regulators will be sitting behind their desks sending out the bills for you to pay.
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