Three related items hit my inbox today. An invitation to a seminar on ‘Whistleblowing in Financial Services’; a trade press headline, ‘Advisers to pay £175m FSCS levy’, to compensate clients of dodgy companies go bust. And this, another dodgy company allowed to trade on when whistles had been loudly blown, not in this case by a lowly, possibly embittered employee, but by the central bank of an EU country, for goodness sake. Typical reaction from an adviser colleagues: ‘In my opinion, the FCA concentrates on the wrong areas. We small IFAs are low hanging fruit, easy targets that are easy to regulate!’ You may think that, I couldn’t possibly comment…
“Platforms call for UK government to resist launching ‘retrograde’ British ISAs”
There is a school of thought which might say that, should you wish to revive and encourage investment in the UK Stockmarket, a starting point might be the reversal of Brexit.
