FSA chief to tell advisers: 'We're not anti-IFA'

Sants, set to speak at the Association of IFAs (AIFA) annual dinner, will also answer concerns over a “perceived lack of accountability in our (the FSA’s) actions”. In addition, Sants, who replaced John Tiner as FSA chief earlier this year, says the FSA will not be “diverted” from its efforts to implement principles-based regulation by recent market turbulence. Tonight will be the first time Hector Sants has spoken at an AIFA event since he took over as FSA CEO. He will tell those present the RDR has been solely designed to improve the way consumers’ needs are met across the financial...