Wise up, we've moved on

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Well, it's been a busy old week or so. Not only has the FSA been pretty busy with a series of discussion papers but there's been a whole lot of nonsense spoken on the back of the paper chase.

It is at times like this that I come to despair at the remarks of some commentators. Not only have we seen a ludicrous amount of self-interested posturising but we also seem to have a number of people displaying Triassic tendencies. When is this industry going to accept that the world and society has moved on and that the demands on providers and advisers are quite different from those of 20 years ago? It seems to me that in the RDR and the wrap discussion paper the FSA has really only laid out a framework for governing the market that will emerge from the changes that are already occur...

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