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“I don&#39t believe a word of it. They have changed their stance on most matters. The FSA will do what they like and shouldn&#39t be trusted.”

Anthony O&#39Donnell, O&#39Donnell Park Associates

“No. It is a Government department – what more do you need to say? I think public pressure means more to them than IFAs.”

Andrew Kent,Choices Financial Services

“Yes. I believe Howard Davies when he says that he will do something that it will be the case.”

Frank Dennis,Frank Dennis Investment Services

“No. It isn&#39t likely in light of how they have behaved in the past. Their track record is not wonderful.”

Gary Mitchell,The Hartwood Group

“No, I cannot see it because if something crops up they will not hesitate to go back and fix it.”

Nicholas Horsley,PFD Financial Services

“No, my feeling is we will always have a degree of retrospective compensation and retrospective regulation.”

Peter Paterson,Peter Michael Paterson

“Yes. The PI market has been wrecked by retrospective regulation, the FSA will have to stop making the same mistakes.”

Kieran Platt,Insurance & Investment Solutions

“No, I don&#39t believe anything the FSA says, I don&#39t even think they believe anything they say.”

Roger Jashek,Horizons Financial Planning

Yes 25%

Yes 75%


Crash Bland

The Diary hears that those folks at the Henley office of Invesco Perpetual are being a bit mean to one of their PR colleagues. A certain Jane Bland has been adopted as a housing market barometer by the fund managers.Bland, who has been seeking a property somewhere in the Henley area while watching the market […]

Outcry if relief is axed on pensions

I have read some strange letters in the press from time to time but the one from Michael Royde (Money Marketing, November 21) takes the biscuitI am intrigued to learn that removing tax relief on pension contributions will not increase taxation for those in final-salary schemes. He obviously seems to work from a different text […]


If any new regime incorporating no indexation relief and taxation on a mark-to-market basis is introduced at least there is recognition in the document of the need for a transitional period with only assets acquired after the commencement date being subject to the new regime. However, any assets that were already dealt with on a […]

ScotProv mortgage manager wins case at tribunal

An employment tribunal has found Abbey National guilty of acting unfairly to a Scottish Provident consultant in the way it integrated ScotProv&#39s sales team into Scottish Mutual.A string of other claims against Abbey are under way with six more long-serving ScotProv consultants claiming their incomes were slashed when all their best IFAs were taken off […]

The Day of (B)reckoning

A period of exceptional uncertainty started last Friday for the UK, including a fierce leadership battle in a deeply divided Conservative party, the timing of the trigger of the EU’s Article 50, as well as a potential referendum in Scotland, and Northern Ireland. Click here to read the full article


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