Garnier laments long-stop confusion

In a written question to parliament, Garnier asked the Treasury if it knew the number of independent financial advisers who have entered into administration as a result of rising indemnity costs. Speaking to IFAonline, the MP for Wyre Forest explained why he had once again raised the long-stop issue, explaining how advisers were presenting evidence to him about their inability to get adequate cover. He said: "The lack of a long-stop has a lot of implications but no-one is clear whether it is something that should be dealt with in the Financial Services Bill or something the regulator ...