There is a lot of uncertainty in the market, with ‘Treating Customers Fairly’ and, as a one-man band; I’ll admit that I could do with all the help I can get.
Yes, some of the financial services regulator’s plans seem to be detrimental to the market, but they are going to happen so we might as well get ready for them and stop moaning.
It’s like the recent Home Information Packs debacle – however much people criticised the plans, they were part of government policy so there was really no stopping them.
The FSA’s drive is clear, so we must make the most of any help that it gives us in achieving its aim.
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