The FSA has come under fire for using members' fees to fund large exhibition stands at "irrelevant" events including motor shows.
It displayed a double stand at the MPH and Top Gear Live show at Birmingham's NEC on 15 November and admits it often attends similar events when it believes regulated firms may be present. But advisers have dubbed the policy "a waste of money". Those who attended Top Gear say they only spoke to the FSA representative to ask what she was doing there. IFA George Chappell says: "The FSA had a double stand in a good location, but the girl manning the desk looked bored." "They said they were there to help small businesses with any queries but had only spoken to other curious IFAs attending...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
