I am very pleased to read the following article http://www.moneymarketing.co.uk/adviser-news/adviser-struck-off-for-falsifying-reference/1057782.article I am pleased that the FSA is ensuring that integrity of the Independent Financial Advisory Industry. Maintaining these high standards is vital for the public to have confidence in IFAs and is important for the respect with which the regulatory regime is viewed by all the key stakeholders. I hope these high standards are going to be applied to the staff at Banks. Following a Freedom of Information Request from Richard Briggs at Wexdon.com the FSA has not disciplined any employees of Banks for Payment Protection Insurance (PPI) miss-selling in 2009 2008 2010 2011 or so far in 2012. It is my opinion that if Bankers and Bank employees were as effectually regulated as Independent Financial Advisors there would be very few scandals, the banks would not have collapsed, and the FSA would not be replaced by the FCA and the Bank of England.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.rn
