The FSA's top brass is primed for a final face-off with the Treasury Select Committee (TSC) on the RDR next week, and advisers want MPs to hit the regulator with its fiercest interrogation yet.
Committee member Mark Garnier MP has promised to give Hector Sants and Sheila Nicoll 'hell' when they face questions from MPs on Wednesday afternoon. Originally, parliamentary sources said FSA chairman Lord Adair-Turner would be appearing but this has now changed to director of conduct policy Nicoll. The news top FSA officials are to face the TSC has sparked a fresh wave of support from advisers who feel "steam- rolled" by the regulator over RDR. Ken Durkin, director of Independent Financial Choices, says he believes the interventions of Garnier and other MPs could help to bring a...
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