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“There have been numerous contributions over the decline of the sector, not just Paul Smee.”

Ian Potter, Jackson Potter Advisers

“Absolutely. Time and time again, the industry is slighted and these people contribute nothing to add value or help us. They are under the illusion that we are a profession but as yet we have not proved to be one.”

Ian Jones, Ian Jones & Associates

“Yes, I think he has.”

Robert Lundon, Argyll Financial Services

“No. He tends to voice opinions that support IFAs.”

Peter Lees, Carduc Robinson Financial Advisers

“Yes, the status of the IFA has certainly declined and, without central stronger representation, we will never be recognised as professionals.”

John Bausor, Bausor Hall Financial Services

“No I would not agree with that. I like Paul Smee and what he has done. I do not think there is room for another trade body but possibly an action group could be effective on a single issue.”

Alyn Beattie, A Beattie Financial Management

“I don&#39t know. I am not convinced either way.”

Mike Leech, MD Leech Life & Pensions

“Yes. He has presided over it but he is not responsible for it. I think he has done as much as he possibly could.”

Justin Crocker, IIB Financial Services

Yes 50%

No 38%


The bill is adding up

Don&#39t hold your breath for the Pensions Protection Fund and New Kind of Regulator as the Department for Work and Pensions&#39 new bill looks set for a couple more days&#39 delay with the workers voting for a strike later this month. It seems that either Andrew Smith isn&#39t paying them enough or the effect of […]

Legg Mason looks to set up onshore US small cap fund

Legg Mason is seeking FSA approval for an onshore version of its highly rated US small cap fund, which has returned 102 per cent since launch in November 2001. The new fund, due to launch in March, will be run by Chuck Royce, who manages the existing Dublin-domiciled fund through his New York-based company Royce […]

Get ready for electronic reporting

In my last column, I focused on the achievements we have seen in industry e-commerce over the last year and looked forward to some of the benefits it would be reasonable to expect to arrive during 2004. If the business efficiencies achievable as a result of many of the new services are not sufficient to […]

AMI guides firms through cold-calling regulations

The Association of Mortgage Intermediaries has produced a factsheet on cold-calling for its members, clarifying the FSA&#39s position as regulation on cold calls is scheduled for this year. Cold-calling will be banned once statutory regulation starts in October but the AMI&#39s guide concentrates on what intermediaries will be allowed to do with regard to cold-calling. […]


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