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Talkback

“A lukewarm yes. If it stops the witch-hunting then it is a good thing. It is a small step forward but it does not go far enough.”

Mary Louise Bassett, Total Financial Management

“No, There seems to be an element of confusion as to what constitutes misselling. The FSA has moved the goal posts so many times I don&#39t think any of us have any real idea about what is misselling.”

Peter Shorter, Shorter & Co.

“No, I&#39m still confused. I thought there was a definition coming and I still don&#39t really see one.”

Graham Richmond Park, Graham Park Financial Services

“Yes, I would like to think as the FSA has clarified the position on it that it will stick to what it has said in the future. I remain cautiously optimistic.”

Nigel Colebrook, Paris, Smith & Randall

“No. As is always the case it is not sufficiently specific in the guideline as to what counts as misselling.”

Paul Simmons, Financial Design

“No. I don&#39t think it&#39s changed anything at all. Things are going to remain the same.”

Michael Sherrard, Sherrard Financial Management

“I am leaving the industry. I just can&#39t take it any more. There are more things in life than being regulated by the FSA. It&#39s bureaucracy gone mad – they can&#39t see the end goal.”

Philip Williams, Williams Carrig & Associates

yes 29%

No 71%

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