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Pecking order is plain to see

In response to Philip Robinson&#39s letter (Money Marketing, April 6, 2000),


of course I understand the pecking order of our “regulatory” system.


This is why I went to great lengths to use the generic term “regulator”


with a small r. I am simply pointing out that there is an inconsistent


approach to differing business sectors.


Certainly, opt-out and non-joiners needed reviewing but to carry on


reviewing transfer business that cannot be shown to be suffering a loss is


only fuelling the continued lack of consumer confidence.

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