Hung Parliament

The FSA have caused chaos since their inception anyway most during the Labour Reign. Goodness knows what damage they will do to the financial services industry if Labour and Lib Dems become their gaffers

Posted by: terry

Hung Parliament

Very simple Terry more of the same Brown and his cronies will continue to bow to the Banks as ever sit back and let the Banks rule the roost along with the FSA and in the meantime drive the RDR home good and proper and make life hell for IFA’s so no change there then. You did here about the Dinosaurs well IFA’s are soon to follow replaced by the good and well trusted Banks with signs over their counters saying `No Fees Charged for Financial Advice` so to those that are all so smug about Fee Charging watch this space.

Posted by: Jeff

Go Hang Yourself

The FSA is more powerful than the government. Government does not even understand the measure of power it has given to this unelected, money guzzling, parasite.The new government, will simply let the "experts" at canary towers carry on their path of destruction.The banks will indeed offer "free advice" which will end up costing the consumer far more than they bargained for. Meanwhile the smug fee chargers will be fighting each other for the few HNW clients that still exist.Ten years from now governments will blame each other for the mess that has been created and for the fact that pensions & savings are no better than before the very expensive RDR which is being sold as a benefit to consumers. Independant financial advice is dead. Long live the banks!

Posted by: lol

What happens next?

Cameron forms a minority government, can't govern, calls election, sweeps to power, FSA replaced, IFAs survive...

Posted by: Ken Durkin