Latest IFA response to the depolarisation process sees the FSA's consultation documents likened to 'toilet paper'.
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IFA comment: Menu
As far as I can see we will need to give the consumer four documents when we first meet with them: an IDD, a Menu, Terms of Business and our business card.
Great, they can tear the whole lot up into 6 inch squares and use it as bog paper. A 144 page document for the Menu, a 176 page document for IDD can also be cut up into 6 inch squares.
In the meantime, 60 people in the FSA review splits and still the snake-oil salesmen are allowed to prosper.
Consumer friendly regulations; they're having a laugh.
To 'future-proof advice firms'
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Three years at Wells Fargo
Effective from 9 December 2019
One firm with permission suspensions left