Did the bell just toll for simplified advice?

I ask because, judging by the FSA's final guidance on simplified advice, it is now even more unlikely to be the solution to the so-called 'advice gap'. It was a classic consultation process by the FSA: plenty of stakeholders communicated their concerns and suggestions but, in the end, it simply stuck to its guns. So why is my glass completely empty when it comes to simplified advice? From discussions I've had with interested parties, there seemed to have been two key problems for firms thinking about developing simplified advice models. Firstly, simplified carries the same suita...