Keydata bonds may destroy my factory: Successful manufacturer fights to survive investment disaster | Mail Online
From the Lampott site:
"Richard is an appropriately qualified (by advanced examination) pensions specialist"
The FSA is insisting that "advanced qualifications" be taken by all advisers in order to "raise standards" and "provide better outcomes for consumers".
Mark Hoban likened current adviser qualifications to "the same level as a diploma in shift management offered by McDonald's".
Well Mr Hoban, and Lord Turner, I only have FPC but despite my lowly qualifications I would never have advised this firm to invest even £5 in the Lifemark backed black hole.
Common sense and experience are more valuable than "advanced qualifications", the sooner you realise this the better it will be for the nation, if you look at all the brains at HM Treasury, the BofE and the FSA you can see that all those bright sparks failed spot the banking crises, Equitable et al. A trail of "Collective Intellectual Failure" of gigantic proportions and they get bigger each time!!
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