Sheila Nicoll, the FSA’s director of conduct policy, said:
***So where is the breakdown of trust between independent advisers and clients? It’s appalling to think that this is being said when everyone knows that any client is free to seek advice from anyone in or outside the financial services world. If one doesn’t like the adviser one goes elsewhere***
There are so many things going wrong here frankly I haven’t got the breath to elaborate further suffice to say that millions of british men and women fought two world wars to safeguard our freedom. It seems that the policies adopted and put into practice today by FSA are more akin to soviet doctrine. When is someone going to stand up to this appalling arrogance and nonsense? Where are you Mr Cameron? Your late father was a respected stockbroker. Surely you can see the futility of this chirade?