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Broker Talkback

Do you think it matters to IFAs who takes over as the new FSA chief executive?

Yes 38%

No 62%

Yes

“I think it could make a difference. It would be good if it is someone from the industry although that is unlikely. I would like it if Tiner’s successor sometimes gives IFAs the benefit of the doubt.”

Andrew Mackie, M R Financial Services

No “Not to me. I couldn’t care less if Bungle, Zippy and George became the head of the FSA. It makes no difference at all.”

Marios Pieroudis, Venn Watson & Co

Yes “I think it does matter because advisers have got quite used to Tiner now and he seems to have controlled the FSA well. If someone replaces him who is tighter with regulation, then it will affect us. We need someone who continues what he has been doing.”

Anthony Casey, Woodedge Independent Financial Advisers

No “I do not think it will have a big impact unless the person is particularly proactive and willing to make big changes which I doubt.”

Andrew O’Connor, Intouch Investments

Yes “I suppose it does make a difference to all IFAs but obviously it would depend on who they have in mind before I could offer my personal view.”

Peter McLean, McLean Shaw Financial Services

No “I don’t think it does. That role is not something we can actually touch so it does not really matter. It might matter to the wider industry but for our firm, no.”

Tony Dawes, McKechnie, Byles and Dawes

No “I don’t really care. It’s all much of a muchness as you tend to get the same sort of thing from the FSA no matter who is in charge.”

Paul Grant, The Mortgage Specialist

No “It does not matter whether the head of the FSA is John Tiner or not. It is unlikely that there will be a host of changes and with something radical always around the corner, it is business as usual for IFAs and we have got to get our heads down and get on with it.”

Richard Curran, Hawley and Wood Financial Services

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