Hector Sants

I believe Sants was working to an unstated agenda, which gave massive support to the banks and insurers, and targeted the IFA (e.g. how many banks and insurers have lost their licences for recommending KeydataServices?) On that agenda, his masters must have been well satisfied, because under the shadow of the impending RDR, IFA numbers are falling fast(myself being one of them!) To Harry's Katz's well-found warning (be careful what you wish for) I would just add: don't count on the Conservatives abolishing the FSA!

Posted by: James Redman, Libra Financial Management

Good riddance

Good riddance. He presided over a term where the cost of the FSA ballooned, during a recession where money was scarce. The reason provided for the cost was the credit crunch and yet it has been the IFA that has subject to extra scrutiny, instead of the banks. Despite the IFA sector's excellent complaints record, they also seem to be paying an unfair share of the costs. If government is to be bribed my banker's money then let them give the job to the CEO of RBOS. Then at least we all know where we stand. Under the banker's boot, along with every other small business in the UK.

Posted by: M. Green

The Man does nothing

How will he be remembered. Not at all. To quote Lily Allen, The Man Does Nothing. Everything for which he is being blamed was already on the agenda when he took on the top role. O K, he had an input, to our detriment, on retail sales, in his earlier role. Harry is right, as usual, be careful what you wish for. Mine is that practitioners should have some role in this, in our case, through the Small Business Committee - remember them.

Posted by: Mike Hillier