Job of the week
Latest jobs
Poll
|
|
New look Professional Adviser
The magazine is heavily focused on our Better Business section, which supports advisers in the run-up to RDR and beyond, and Investment.
Coffee Lounge
Not only is there a huge selection of games but why not try your hand at our Daily Sudoku
sponsored by
Comments
Its up to you
So the fsa can "push the banks to change but they will have to want to change" One lot of regulation for the banks and another for IFAs. When did the IFA community ever get the choice of doing something, only if it decided it wanted too? Why the Stasi police type regulation for IFAs and the softly softly, dont frighten the horses type of regulation for the banks? Makes my blood boil!
Posted by: Absolutely livid
FSA
Well I guess if you have a regulator run by the banks i.e.most of the senior staff are ex bankers it's not surprising that the banks won't change or be forced to. It is infuriating that nothing has changed after the financial crisis. Banks are still coining it in, the regulator is expanding as if theres no tomorrow & not regulating the big boys, Government is spending like mad & the little guys are penalised & I suspect a conservative government will not change things much.
Posted by: Gob Smacked
FSA
Well I guess if you have a regulator run by the banks i.e.most of the senior staff are ex bankers it's not surprising that the banks won't change or be forced to. It is infuriating that nothing has changed after the financial crisis. Banks are still coining it in, the regulator is expanding as if theres no tomorrow & not regulating the big boys, Government is spending like mad & the little guys are penalised & I suspect a conservative government will not change things much.
Posted by: Gob Smacked
bank culture
It must be my lucky week, three items in this issue I feel strongly about. Where oh where are we going to. FSA will change the culture of IFA,s. They have made it quite clear. However to make the comment that they cannot change the culture of the Banks is absolutely appalling. They need to put their brain in gear before engaging mouth(i could put something else in other than mouth, but I am trying to be polite and remain calm.
Posted by: terry
Dear Lord Turner ...
I am very intrigued by your comment .. 'We simply do not know if we have the tools to change the banking culture". I wish to apply for the job at the FSA entitled "Bank culture changer" and I certainly DO have a bag of tools which will be perfectly suited to such a job ! I look forward to hearing from you !
Posted by: ROBERT WYATT