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Out of Context

“I haven’t picked up the FT in about a week. I tend to read the Beano and Dandy when I’m on holiday.”

Emba group sales and marketing director Mike Fitzgerald

“Did you write that one?”

ABI director general Otto Thoresen to Martin Lewis on his evidence that someone had left a comment on his facebook page praising  Moneysavingexpert. com among a stream of abuse about the Money Advice Service

“I speak to you more than I speak to my wife at the moment.”

Succession Advisory Services chief executive Simon Chamberlain raises concerns about the number of phone calls from an MM hack.

“I have got a laminated Tube map but I dare not use it.”

Aegon head of regulatory strategy Steven Cameron on the perils of navigating the London Underground.


Regulator will scrutinise the quality of retirement planning advice

The FSA has signalled plans to closely scrutinise the quality of pension and retirement planning recommendations to ensure clients are getting suitable advice. At the Marketforce and Institute of Economic Affairs conference on the future of life and long-term savings, FSA director of conduct supervision Clive Adamson said professionalism needs to be placed at the […]


MAS: Our service is not ‘crap’ but could be much better

Money Advice Service chairman Gerard Lemos has rejected claims that the services it provides are “crap” but admitted it could do much better. Last week, founder Martin Lewis told the Treasury select sub-committee’s inquiry into MAS that most of the tools on its website were “crap” and that he would be “embarrassed” to host […]

FCA chief exec Wheatley has already got £50,000 bonus

Financial Conduct Authority chief executive designate Martin Wheatley has received over £50,000 in performance-related bonuses after joining the FSA in September, as the regulator’s remuneration committee pushes for staff pay rises. The FSA’s annual report for 2011/12, published this week, reveals the committee has recommended to the FSA board that “funds should be made available […]


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