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Headline

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.

Posted date

15-Feb-2010

Posted time

5:07 pm

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