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Talkback

“Yes. They should be paid out of shareholders&#39 bonuses.”

Robert Mead,RM Financial Services

“Yes. They should only be allowed to be paid out of shareholder funds.”

Robin Hunter, Hunter & Co

“Yes. They should not be paid out of the with-profits funds. They should pay out a smaller dividend to their shareholders.”

John Matthews, Matthews Cooper Associates

“Yes. Business should

be made to do that.

They should be putting money aside for such liabilities and paying fines before the distribution of dividends to shareholders.”

Roger Kennedy, Aiken Kennedy Financial Planning

“Yes. If they make the cock-up, then they should pay for it – not their with-profits fund.”

Graham Latimer, GW Latimer & Co.

“Yes. But the clients will still end up suffering in the long run.”

James Kaslik, JK Associates

“Yes. Because it is unfair for policyholders to foot the bill for life office mistakes.”

Richard Peasley, Churchill Securities & Co

“Yes, I would agree with it because the fines are against the company, not the policyholders, and the orphan assets and with-profits funds belong to the policyholders, not the company.”

John Rowe,J E Rowe Financial Services

yes 100%

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