IFAs demand place on FSA board

Current members come from a variety of backgrounds, including non-executive director of William Morrison Supermarkets, Brian Flanagan, director of group development and strategy at ITV, Carolyn Fairbairn, and chief economist at Morgan Stanley, David Miles. However, advisers are shocked their profession is not represented, despite being heavily regulated, and argue consumer needs are neglected as a result. Barry Williams of Regency IFA says he has no doubt a financial adviser should sit on the regulator's board. "The board needs someone who knows about the financial advice business and...