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Political parties must pay if their policies fail

If people in hospitals washed their hands as often as this Government, there would be no MRSA crisis, I am sure.

As we saw in James Salmon’s article last week, the Government is now saying that the 125,000 pensioners who lost their pensions should have taken advice (presumably to transfer out of their doomed scheme).

This is the same Government which, with the benefit of flawed hindsight, has presided over the witch-hunt against advisers who have rescued people from such schemes, requiring irretrievable compensation payouts from the sources of advice (or their insurers, thus paying indirectly), which ultimately hits the pockets of investors.

It seems we live in an age where anybody can be fully accountable and liable except the Government which, if sued successfully, pays out with (yep, you guessed it) taxpayers’ money.

The time has come to have the political parties held accountable for flawed policies which are to the voters’ detriment. That way, the party (or their supporters, be they lenders or donors) can pay for their mistakes.

If democracy truly works (and money truly talks), the governing party will think twice about halfbaked policies which do not stand up to scrutiny, if supporters know their investment is at risk.

I also think that the motivation for making such loans or donations would be less questionable.

So, you might have guessed, I do not support the theory that political parties should be funded by the taxpayer. That way, the taxpayer pays for incompetence with no accountability. Political parties should be able to stand by their policies, with their party’s reputation at risk, if not its existence.

At the moment, we advisers – who can only persuade people to invest – are more accountable than they who can force people to invest. Is there anyone out there who supports this?

Glyn Evans

Foster Denovo, London W1

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