A meeting in London of international representatives of the Financial Planning Standards Board (FPSB) revealed some eye-opening truths about the influence and standing of the FSA, writes Phil Billingham of Threesixty Services
At the beginning of July, I was part of a working group that met in London. The meeting consisted of attendees from the UK, Canada, Australia, South Africa and the US. As you would expect, this gave us ample opportunity to test Churchill’s theory of ‘being divided by a single language’. The objective was to explore how we could draft a professional framework for the Financial Planning Standards Board (FPSB). While the detail is, of course, confidential, and is currently being reviewed by the FPSB, there are a number of general observations I can make. Firstly, the FSA is regarde...
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