Alan Lakey has branded yesterday's RDR debate a "travesty" and labelled Mark Hoban a figure of "ridicule" for claiming IFAs are no more qualified than McDonald's workers.
In yesterday's inaugural House of Commons RDR debate, Treasury Financial Secretary Mark Hoban underlined his support for higher qualifications by comparing current minimum requirements for advisers to those of shift managers at McDonald's.
"Had he made those comments at a public meeting he would have been lynched," says Lakey. "If he wants to alienate a lot of the IFA population he is going the right way about it."
Lakey, founder of anti-RDR lobby group Adviser Alliance, was so enraged by the comments he has called for the Treasury Financial Secretary to be sacked.
"Hoban set himself up as a person of ridicule and when you do that there is always the potential to remove him from his post," he says.
"When you find a minster is failing in his brief then there comes a point when you have to question whether he can remain in that position."
He adds today's debate showed Hoban failed to understand his brief and kept to a rigid party line.
"His speech appeared like it was written by a Treasury junior underling," he says.
Lakey is now holding out hope the adjournment debate will be followed by a three-hour back-bench debate - an idea mooted in today's House of Commons session.
"If we can get a couple of hundred MPs to a follow-up debate who understand the issue then there could be a softening or a change of heart."
He is hoping the momentum generated by today's debate and yesterday's Treasury Select Committee's evidence session - in which MPs slammed the RDR as a "fiasco" - can now be built upon.
"We must make sure this issue does not fall off the radar and remains at the forefront of MPs' minds."
Lakey's views add to a chorus of discontent amongst IFAs who have reacted angrily to Hoban's remark about IFAs having similar levels of qualification to McDonald's workers.
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