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FSA ring fenced budget for consumer education says Sandler

The FSA&#39s budget for consumer education should be ringfenced and increased according to the Sandler review.

The review team wants the regulator to put together a long term plan for delivering clearly specified objectives. It also suggests that the FSA establish a separate governance structure for education such as a sub-board accountable to the main board and with suitable external representation, responsible for all aspects of education.


At the topiary of their profession

I have recently been investigating the hedge fund market. I am interested in the benefits that I could derive from a long/short (or market-neutral) equity fund. I would appreciate an independent, objective view on this type of investment and a detailed explanation of how it works. Imagine McDonald&#39s has just launched a low-fat burger that […]

Building Societies&#39 Association and dual pricing

I am writing about the article in Money Marketing (June 27), concerning dual prices, the Ombudsman decision and the legal view of the Building Societies&#39 Association.The Building Societies&#39 Association has no legal view on the dual-pricing decisions of the Financial Ombudsman.Indeed, we very much welcome the constructive approach being taken by the FOS and the […]

93% of IFAs say Stakeholder-type plans fail

More than 90 per cent of IFAs believe the stakeholder-type products advocated by Sandler will fail to sell, according to the first survey on the long-awaited report.The Money Marketing survey, which sought the views of over 400 RIs at the national Positive Solutions forum in Manchester this week, found that 93 per cent of IFAs […]

Raising Standards praises members on Sandler

The Raising Standards initiative has congratulated the companies which have signed up to its quality mark scheme and claims they have already delivered on many Sandler Review recommendations.It is now calling on the rest of the industry to follow suit. Raising standards project director Stuart Tragheim says: “Today&#39s report acknowledges that the Raising Standards quality […]

Stop the cold-calling

Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]


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