Advisers will be real losers in splits scandal

Professional Adviser
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Those of a more cynical disposition might claim some justification for the view that the Treasury Co...

Those of a more cynical disposition might claim some justification for the view that the Treasury Committee has already reached a conclusion to its splits inquiry and is now just working backwards. Put simply, the MPs' feeling seems to be that somebody must pay ' they just haven't worked out who that somebody is yet. In that sense the investigation is very much retrospective rather than forward-looking ' not so much 'how do we stop this sort of thing happening again?' as more a plain old whodunnit? The compensation culture is a given, it is just the shape of it that we do not yet know. ...

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