FSA 'is not treating the industry fairly'

In response to the question, “The FSA has published TCF guidance online, but do you think it treats the industry fairly?” 99 (71%) of the 140 responses replied, “Don’t make me laugh!” A further 16 (11%) answered “sometimes yes, sometimes no”, while 18 (13%) said the FSA was generally ignorant of their concerns and seven (5%) replied “generally yes, but it uses sticks not carrots”. Ken Boyd, a retired IFA, says: “Were one to treat clients unfairly there would soon be no clients. The gobbledegook that the regulator issues defies all reason. What I believe is that the FSA should treat IFAs...