Lawrence Gosling can't stand jargon (even when it comes to football). Shorthand between industry professionals is fine but do we need to subject clients to acronym overload?
Do you know what CDM or CAM stands for? They are jargon, which is a particular bug-bear of mine. I wish the FCA could do something about their use but, sadly, it cannot. Rather boringly, CDM stands for central-defensive midfielder, and CAM stands for central-attacking midfielder. They are acronyms for what old fogeys like me used to call midfielders in the days before the Premiership. My point is a simple one as far as the use of financial services jargon goes. Most industries and sectors have their own 'jargon' or acronyms - even something as widespread as football. My son talks a...
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