Blog: Is a visit from Sants really a Fool of an idea?

Last year, some IFAs were fooled by our story that restricted and independent advisers would have to wear different coloured jumpers post-RDR so consumers could tell them apart. This year, we suggested FSA chief executive Hector Sants and financial secretary to the Treasury Mark Hoban had offered to spend a day at an IFA firm in a bid to better understand the advice sector. Some advisers were taken in, despite the fictitious firm’s name being Money Honey run by an Ian Seal. We wrote that Sants will probably visit a handful of the company’s existing clients and sit in on a meeting a...