Comic

Good one for the Fools' Day!

Posted by: Comic

Almost

Not a bad idea though

Posted by: April's Fool

Mickey Mouse!

Are you making this up! What next, Solar power street lights!

Posted by: Gamble

What a sensible proposal

This almost makes up for the FSA removing the mandatory disclosure of restricted adviser status. In addition to having to wear red, can I suggest that restricted advisers should be forced to carry their pitchfork at all times and not be permitted to wear a hat, in case it prevents customers from spotting their horns?

Posted by: Ivan Opinion

FSA Clothing regime

This is a brilliant idea, Wealth Managers could wear Savill Row Generalist IFAs could wear M & S Multi-tied Matalan Tied and Direct Sales TK MAX If this catches on I could do a great line in Pin stripe burmuda shorts, for the barmy days at Canary Wharf. Any chance that we could get a tax free clothing allowance please ?

Posted by: David Curley

better still..

get them to wear masks, then customers will know they are being robbed.....don't forger to recommend the "under water basket weaving" funds just launched as an ISA today.....or better still "reversible trouser bonds".

Posted by: Fraser Brydon - IFA

Wot a grate ID ya

The FSA are so lacking in common sense that I would have believed this any day other than today!!! :) Teeeheee!!

Posted by: Wodders

All in Favour

But I hope you read on far enough to realise that they also insist all IFA's spray themselves with a good squirt of Eau De Sanctimonious and wear white with a Halo before venturing out.

Posted by: Rog in Red

I have a problem with this

all my wet suits are black............

Posted by: Phil Castle

Red Clothes

With what has come out of the FSAs offices recently this is not beyond belief! The only thing that caught you out was that, with the help they appear to be giving restricted advisers and the battering they keep giving IFAs, most of who are proud of giving value and good advice, it would be more likely the FSA would require Independent Advisers wear red. And probably a target on their backs so the FSA can keep taking pot-shots.

Posted by: Stuart

FSA new rules

what a brilliant idea! while on the subject, get bank advisers to wear green ( the clour of money and most of them have ours), and trainee advisers of the restricted variety to wear red socks as well as red suits, partly trianed to wear one red and one white and fully trained, white socks

Posted by: archie

April Fool

This is just the sort of madcap idea that the FSA is capable thinking up! It might be April Fools Day but anything is possible.

Posted by: Terryh

Lady in Red

My fellow gentlemen colleagues would look lovely in Barbie Pink and would still meet FSA warnings. Trouble is I suppose that they would find it difficult to find suits in either colour.

Posted by: Ladies view

Nice one

I'm ashamed to say I forgot what date it was

Posted by: Smiffy

April Fools

The sad thing is it is not beyond belief that the numties at the FSA wouldn't come up with an idea like this. I sometimes think every day is April Fools day when reading their lastest idea's

Posted by: John Phillips

!st April

Yes its April fools day but what a great idea we could then off set our work suits etc against TAX as we would have no choice but to have an office unform which we could offseton tax returns plus dry cleaning

Posted by: Andrew Brabham-Neil

Orwell's Big Brother- Alive and Well

This may be an Aril fool joke, but it is no joke what the FSA are doing to the financial services industry. As other people have commented, and this is the sad part, it is not beyond the realms of possibility that the FSA would come up with just such a dress code proposal. It would be yet another 'big brother' control mechanism to assert their dubious authority. They operate as an extension to this labour government's insidious social control and undemocratic authoritatrian manipulation of social structures, dressed up as being for the good of the people. Remember they know best- it is all for your own good. The fact that most of them (i.e. the labour government and the FSA minions) are not competent enough to run a janitorial service at Paddington station, just does not come into the equation. 'all animals are equal, except that some animals are more equal than others'

Posted by: Grant Vickers MSc LLM

And the FSA management?

What should they wear? Superman outfit for Adair Turner? Somehow I don't think so. Maybe the German government have some old DDR Stasi uniforms they could let them have on the cheap. Such is my faith in those who regulate us I almost forgot the date when I first read this.

Posted by: Neil F Liversidge

Oh Dear

Does this mean that the FSA have abandoned their reported suggestion that we should all hand out "scratch& sniff" business cards?

Posted by: Believe Anything

April Fool

I am surprised that the FSA does not bring in a rule that as all FSA regulated personal are supposed to be fully transparent that they do not stipulate that when an investment is being discussed that they should sit there in their underwear so as to show that nothing is hidden up their sleeves or anywhere else for that matter. My concern is what happens to those who don;t wear underwear especially in the summer months. I am sure sales would improve vertically.

Posted by: An Ex IFA

April Fool

Lets all wear red hats and no clothes.

Posted by: Mad Hatter

Par for the course

But for the date of announcement this is typical of the nonsense we get from this labour government and the FSA

Posted by: Les