I was furious to read the following article http://www.moneymarketing.co.uk/politics/fsa-fines-since-april-set-to-go-to-treasury/1053941.article Monies raised from fines by the FSA need to be spent on more enforcement and repairing the damage the various scandals have caused. For the revenue to be taken and used by the Treasury as it sees fit, when the good players in the industry have paid so much for the small minority for bad players, is a slap in the face to every Independent Financial Advisor in the UK.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
