"Why have you got the look of a hunted man?" I asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by to see him this week.
"Oh, I know - was it that comment from you on the FCA's review into conflicts of interest within Her Majesty's financial services industry, which I saw included in one of the morning papers?" "I can't believe they did that to me," the chairman sighed. "I can't believe you voluntarily involved yourself in an article about inducements," I replied. "Where you delirious?" "I just thought it was time somebody made the case that the wonderful world of investment now broadly understood the right approach to inducements was ‘everything in moderation' and the FCA should now let it go," said the c...
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