This week's news... condensed

FSCS levies It's all about taking one step at a time and at least we know the regulator does seem to at least understands the strength of feeling about FSCS levies. Suitability letters The FSA expressed some concerns about the use of generic objectives in suitability letters and told paraplanners to challenge advisers about them. Recession The news about the economy didn't get any better this week, with the revelation that the decline in GDP growth in Q1 was worse than initially thought. Free banking myths Advisers are constantly told they should not suggest their services ...