£40,000 a year of other people’s money spent on flowers !! One of the biggest criticisms of the former city watchdog the Financial Services Authority (FSA), was that they were simply out of touch and unaware of the reality facing consumers and the various people, bodies and companies they regulated. Its former head Hector Sants […]
The importance of having the right will
It is estimated that 70% of people die without leaving a will. If you die without a will, then your assets will be distributed according to the law, and not according to what you really want. So people can end up benefiting from your death, when you wanted your assets to go someone else. Also […]
Why did the FSA get it so wrong ?
We received the following 7 point list from a very senior and well respected compliance expert. They are by no means a maverick and constantly work to deliver outcomes that meet the requirements of the customer and, to be clear, those of the regulator. This list points out what many in the industry felt (and […]