View more on these topics

Talkback

“No. It could create a trend. Everybody could end up trying to escape their liabilities.”

Peter Shorter,Shorter & Co

“No, it seems they are trying to evade their responsibilities.”

Ray Parker,Parker Financial Services

“No. This has happened far too many times, one of the more notable cases being Towry Law.The FSA should take action now.”

John MacLaren,John MacLaren Financial Services

“Absolutely not. I think it is disgraceful. Our costs will rise because of these companies. The FSA needs to look at the big networks unloading their liabilities like this from a completely different angle.”

Eric Moody,Eric Moody Financial Management

“No. We are already all paying sky-high PI premiums and it is the decent businesses that are having to pay for the ones that dump their liabilities.”

Sally Mynett,Grosvenor Mynett

“It is yet more bad news for the industry. I will look forward to paying a greater levy.”

David White,David J White Life and Pensions Consultancy

“No. It puts the onus on the rest of us and we have to pay more. This happens far to often and the FSA should do something about it.”

Christopher Greenbank, CJ Greenbank & Co

“No. You shouldn&#39t walk away from your liabilities and leave them for the rest of the industry to pick up.”

Richard Green,Richard Green IFA

Yes 0%

No 100%

Recommended

A consumer&#39s view

The FSA&#39s proposals for depolarisation have been met with the predictable welcoming reaction as the industry puts a brave face on what is basically a mess. But there is more than a hint of resignation about some of the comments. Depolarisation was never a good idea and was only considered as a sop to the […]

IFAs feel weight of tribunals

IFAs are spending more time than ever tackling human resources&#39 red tape as the number of staff taking cases to employment tribunals soars, says HR consultancy Peninsula. The specialist employment law firm says employment tribunal cases rose by 21 per cent from 105,000 in 2002 to 127,000 last year. The average time that employers spend […]

Practitioner panel starts to assess FSA&#39s performance

The Financial Services Practitioner Panel is launching the first stage of its biennial survey of regulated firms, which aims to assess the performance of the FSA. The panel says that, in the past, results from the survey have been taken on board by the FSA and had a considerable impact on the regulator&#39s policy decision […]

Jupiter green guide faces up to big issues

Jupiter Asset Management is offering a free guide to green investment for investors who want to invest in companies that provide solutions to environmental problems. The guide will give investors further information on companies offering environmental solutions and how to invest. It provides examples of companies that Jupiter believes will get a competitive advantage by […]

IHT: What were you doing in 2009?

One of the best sources of new business is your existing clients and, if they are estate planning clients, regular reviews are needed because people’s inheritance tax (IHT) problems tend to only get worse. Now, not a lot of things remain at the same rate as in 2009. If we turn the clock back, it […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com