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Comments
MISSELLING SCARES
I am fed up with cliches and hyperbole in this industry and particuarly when it comes to "Misselling Scandals"! Mr Bullivant may have a point. He is in a far better situation to judge than I am. However every item in this industry is over blown by the media involved. What has happened to terms like "concern" even "sincere concerns" and perhaps if it is very serious "grave concerns". Why does everything need to be in 36 point nowadays? I know the stock answers of attracting readership, selling adverising, increasing circualtion but that is not good enough in my view. As I read somewhere recently "If we were happy all the time we wouldn't know it". What has happened to balance and a sense of values in this industry?
Posted by: Geoff Pollock
Mr
I absolutely agree, open market advice should be restricted to full whole of market advsiers only. How can you possibly offer a client a comprehensive full advcie if you don't deal with half of the providers. To me the FSA should introduce a simple rule, whole of market only can advcie on annuities. This would avoid any future issues which at the end of the day affects the whole industry. Why we cannot spot these things in advance from a regulatory point of view amazes me.
Posted by: Mark Young