Oh dear ! Weak leadership means abuse will prevail

The FSA have been very weak (again) in their leadership on this. Tied Agents and Multi Tied have been misleading clients for years about their supposed Independent offering. A wonderful opportunity missed !!

Posted by: ROBERT WYATT

Cloud Cuckoo Land

Light touch, now verbal disclosure - the ones we want to be disclosing correctly are never going to do it anyway and as for Joe Public en masse being able to understand the detail of disclosure - forget it. They never understood polarisation, depolarisation so are they likely to understand any new '-isation' - the one thing we need is stability and that's the last thing we're likely to get because some bright little spark in the FSA always has to change something and it is never for the better. So what are they on? I say, because it seems to ignore any sense of responsibility or understanding of the people in the industry they are supposed to be regulating. If you're a tied agent with a script to deliver that is not in your interests, what are you going to do? Again the FSA are collectively displaying the massed intelligence of a beach full of pebbles. Get real FSA, verbal disclosure ain't going to happen.

Posted by: Rory Cowan