FOS case may be heard in European Court of Human Rights - New Model Adviser® Edition - Citywire#448158

FOS case may be heard in European Court of Human Rights - New Model Adviser® Edition - Citywire#448158

CirrusPilot

If you were a regulated person prior to October 1998 you were given a choice, to sign your rights away or to walk away which many did after reading what Gordon Brown's lawyers had put forward, no trade body or adviser outcry then was there? No furore as the Financial Services and Markets Bill went through 1,200 amendents in Parliament and not a peep when the Henry VIII clause was added at the last minute.

One of the few people who was genuinely concerned about all this was the current Chairman of the Treasury Select Committee, in my humble opinion he remains the only person who will side with reason.

One adviser firm has an opportunity to be heard by the European Court of Human Rights, another is due to find out soon whether it too will be heard.

If only I had been allowed the time and money to make a difference, unfortunately IFAs expect these tasks to be carried out in someone else's time with someone else's money, that is their downfall, well one of them, another is their inability to work together.