So what would an adviser’s wish list be for the New Year? Well, from the regulator,we suggest they might hope for a system that allowed them to pay their fees in instalments.We also hope that the FSA shows itself willing to embrace changing a compensation structure that is surely unsustainable post-depolarisation. The regulator should also take an open attitude to cutting back on docum-entation. Slimming down the key facts documents for mortgages must be a priority but all the disclosure documents and the menu itself could become too cumbersome. >From providers, it would be helpful if lenders came to terms with the fact that their distribution channels are all regulated now and got their systems up to speed. Insurers must continue to find a solution to administration problems. And fund managers – well, it would be nice if a few more stayed put for a few more years. It would be very useful if IFAs and mortgage advisers were always told the facts about whatever new organisations they are thinking of joining, whether new mortgage networks, multi-ties or independents. They may hope that Aifa will get see its new director general David Severn finds his feet in leading the organisation. Also, that the Personal Finance Society, perhaps along with the Institute of Financial Planning, succeed in turning financial advising into a profession. Some of these things will come to pass. But then what about a Government realisation that you need to incentivise savings not disincentivise them. Oh and no more scandals. Well, you can always dream.