The industry regulator, the Financial Servcies Authority, has confirmed that it is delaying the launch of its new menu based system of financial advice.
Quite simply, the FSA proposes that a menu is issued to potential clients giving details of the costs that you should expect to pay in either fees or commissions for certain types of work.
Our view
We have been offering clients a menu system since the day we started trading. Come on FSA get a move on and stop all financial advisers conning people with huge commission amounts!