What next?

I have been sat reading articles like this for the last 24 months, on the impact of the forthcomming RDR. After much deliberation, we are still in a situation where nobody knows what the fu*( is going on. As a business man I am faced with forcebly studying to stay in an industry that is reeling from the economic changes and asking myself do I want to invest £s into this when I can go and invest in a course in another industry, that doesnt have to abide by rediculous rules and regulations. Now AIFA, Bankhall, and Skandia have seen sense and thrown their weight behind getting RDR placed into a sesible catagory, giving insentives instead of posing rediculous deadlines and threats, what next I ask. how long do we sit here on a knife edge risking mine and my familys future in an industry that the politicians clearly dont see any value in. These are the same politicians that preech ethics to us restrict our wages whilst claiming expenses for second and third houses, ordinary daily living expenses, food and the likes. How do I get on the gravy train?

Posted by: Mr Angry

Morons

Couldn't agree more with more with Mr Angry. A recession which happened on the FSA's watch and cost the British Publc Billions to bail out the perpetrators and they still haven't been brought to account. Worse still, is the fact they are still pontificating and laying down more rules which will only result in thousadns of job losses.Mr Brown wants the GDP to grow but Government bodies are preventing businesses from earning.Morons!

Posted by: Peter Taylor

Welcome news

If this is accurate then it is very welcome news indeed at a time when good news is in short supply. If the FSA has listened to the voice of reason about capital adequacy then there must be reason to hope that they will be similarly prepared to make modifications to the other RDR issues.

Posted by: david ingram

Hello to Mr Angry

If your angry about the FSA and angry at MPs expenses, then go to wikepedia and look up MP Mark Prisk http://en.wikipedia.org/wiki/Mark_Prisk who is married to Lesley Titcombe who heads the FSAs small firms and contact teama and your blood pressure will rocket....

Posted by: Sorry to post anon

Capitakl requirements loosened

Well what have we got here then? A regulator that can't regulate, a regulator that can't run a business unless it has a 200 million debt. They would find it hard to justify any capital required to trade when they can't do it themselves. Shut this bankrupt and immoral organisation down sooner rather than later.

Posted by: Exposing the FSA mistake team