The bank holiday may have provided a little respite, but it was still a busy week in the world of financial advice...
Tuesday Think anyone at the FSA was dismissed after the financial crisis on grounds of capability or conduct? This week we found out no one was. But the redundancy and severance compensation was still pretty healthy. Meanwhile, IMA chief executive Richard Saunders hit back at critics of the proposed changes to the Managed sectors, although he seemed to be willing to at least have a look at other ideas. Wednesday On the pensions mis-selling front, we found out about the Treasury's plan to remove tax relief on compensation payments for victims from between 1988 and 1994. Anyone w...
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