Clear for take-off?

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  • The FSA must be presumed sane even in the light of overwhelming evidence to the contrary.
    I have long pondered what their end game is, and who will benefit once they have succeeded in wiping out UK Financial Services - my initial thoughts were that they were hoping to get jobs with banks, but I am not sure there will be any UK banks left.
    It seem likely that the most effective and best form of advice, through IFAs, will only be available to the wealthy - who don't really need it.
    Can anyone shed any light on their motivation?
    Maybe it is just insanity.

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  • Has anyone asked why all this is deemed to be necessary?

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