I write with regard to the article in the November 2 edition of Money Marketing headlined, FSA and FOS should be dismantled.
This is a good article about the IFA Defence Union report and is a breath of fresh air delivered by an organisation which understands what IFAs do, who they represent and their real worth to the public.
I hope to be able to read the detailed report submitted by Mr Owen and believe that others should do likewise before we get the usual pontificating by non-IFAs based on secondhand articles by writers either with their own axe to grind or a sheer lack of knowledge about the subject. Perhaps it will be posted on the IFADU website shortly.
This is a massive subject and it looks like a brave stance, albeit radical. Let us treat is as seriously as it is intended. Maybe other political parties are listening to to the over-regulation debate and need some fresh ideas.
Andrew Dickson Ltd,