From the editor: April Fool?

According to our report, IFAs should wear “neutral colours” in client meetings such as ivory, black, grey and white to reflect their independent status. The story was an April Fool, although it didn’t fool some of our readers and perhaps this is the point. As one adviser says: “This is just the sort of madcap idea that the FSA is capable of thinking up! It might be April Fools’ Day but anything is possible.” IFAs are so used to missives from the regulator controlling all aspects of their business – from what they say to how they act – that a directive on dress does not appear out of ...