Advisers bemoan 'consultation happy' FSA

Their concerns follow The Consulting Consortium's warning advisers will be in no position to blame the FSA for the outcomes of the RDR if they do not respond to its proposals. However, Harry Katz, principal at Norwest Consultants, says the reason advisers do not repond is they have to wade through long, confusing documents littered with management speak. "If ever you read their output and can stay awake long enough to get through the usual interminable introductions and 'Canary Speak' you may begin to wonder if those high salaries are based on word output," he says. "They are absol...