Activist IFA takes FSA grumbles to No.10

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An investment and protection IFA has logged a petition with Downing Street calling for the disbandment of the current FSA senior management.

Neil Liversidge, an adviser at Castleford-based West Riding Personal Financial Solutions, says FSA chiefs have "seriously harmed" the financial wellbeing of the UK population and now threaten to harm small firms and consumers through "over-regulation". He set up a lobby group in July - the Independent Financial Advisers' Political Action Committee (IFAPAC) - and is calling for like-minded owner-managed IFAs to join and sign the petition. Anyone can create and sign petitions on the Downing Street website, and Liversidge says he knows of at least 200 people in the industry who will sign...

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