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Smee urges caution on polarisation review

Aifa director general Paul Smee is urging IFAs to be cautious about indications from the FSA that polarisation may be preserved.

Smee says: “I think the FSA&#39s mind is still open, but I don&#39t know how much to read into their comments. I count no chickens.

“There was no-one at the meeting particularly focused on getting multi-ties on the agenda. I have always believed that this is a genuine open consultation process. We are not out of the woods by any means.”

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