I laughed when I read the following article http://www.moneymarketing.co.uk/regulation/fsa-to-announce-cuts-in-adviser-firm-supervision/1058877.article I wonder if the FSA is acknowledging that Independent Financial Advisors even though they are the easy target are not the problem? What evidence do they have that ‘floating’ supervisors will be any better? Let’s hope the new regulatory regime becomes effective rather than the shambles it has been in the recent past.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
