Editorial: Regulators missed their chance to reform T&C...

David Jackman - previously chief executive of the Financial Services Skills Council as well as head of training at the FSA – had announced last year the new examinations system for financial advisers would be implemented by the end of 2004. Since his departure, however, the whole process has been thrown into turmoil, implementation of a new - as yet unspecified - regime could now be held back until 2007 and financial intermediaries are left in limbo to work out their own T&C requirements. When the financial services industry entered into discussions about the reform of training and c...