TITLE

'Insufficient case' for long stop

AUTHOR(S)
Blackmore, Nicole
PUB. DATE
August 2009
SOURCE
Money Marketing;8/13/2009, p32
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the call for an investigation by Highclere Financial Services partner Alan Lakey in 2009 in Great Britian. Lakey discovered that the lack of a long stop for advisers is not enough for the committee to pursue. Member of Parliament (MP) Andrew Dismore asked City Minister Paul Myners to justify the reason behind advisers not allowed by the Financial Services Authority (FSA) a long stop. Myners said that a long stop is considered under the retail distribution review.
ACCESSION #
44018417

 

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