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Talkback

“Yes. I don&#39t think consu-mers will know which way to turn. They will be completely confused.”

Paul Walters, Foley Financial Services

“Yes. In its current form, the FSA would fail its duties.”

Oscar Adams,IFA Plus

“Yes, it will take out a lot of people who want to receive independent financial advice but do not want to pay fees and as a result it will reduce the number of IFAs offering advice.”

Graham Chinn, Wrightsure Services

“Yes, because it will be a U-turn of their original idea to make independent advice available to all consumers.”

Martin Sell,MR Sell Financial Services

“Yes. It is just further confusing an already confused public.”

James Kaslik, JK Associates

“Yes. The rules as drawn will cut down the number of choices consumers have.”

Michael Homard, Olde England Financial Services

“Yes. Consumer choice will be reduced if CP121 is adopted.”

Chris Crowhurst, Ovalmere Financial Services

“Yes. The legislation serves to confuse the consumer further.”

Martin Pankhurst, Pearce Pankhurst Financial Services

“Yes. A move to authorised advisers or multi-tie would confuse the consu-mer who would not be clear about what indepen-dent means. Multi-ties would restrict consumer access to what they need – independent advice.”

Jim Bergman,JB Financial Services

yes 100%

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