Sants: MAS will do its bit for consumer education

Sants attempted to calm industry tensions over the industry-paid-for service at the FSA's Annual Public Meeting yesterday. He said he had personal assurances from MAS boss Tony Hobman of its plans to engage consumers. "I have spoken to the chief executive of MAS and he has assured me he already has plans to step up to the plate on consumer education, and to ensure proper advice information is provided to consumers about the changes RDR will bring." "It is right that we support firms to educate consumers," Sants said. Sants made the comments in response to a question from IFA Dav...