MMR set to 'force more brokers out of market'

Small detail, have the FSA actually conducted relevent consumer research to actually establish what the market ideals are to assess the value of advice, and how consumers value this and are prepared to pay for it to get good service, good products and the right end result, rather than talking to some of the 'Listening banks', and banks that 'like to say Yes', only to find they don't because their not allowed too because despite common sense and experience (not that lenders have much of that left allowed to play a role) the computer says no. Or is it easier for us all to finance another of their reports with biased assumptions for them to tell us again how it'sgoing to be. History shows consistant failings with these reports, regulation and interventions, with major costs to individuals and companies, the list goes on and on. Then the authors of the failure produce sequal after sequal at our expense re-writinbg their failures with the next 1. Is it just inconvenient for them to wise up, listen and put something appropriate in place. When advisers have gone because theyno longer want or can afford to play silly games and have to focus elsewhere to receive the respect and remuneration their experience merits, and the void of knowledge, experience becomes a black hole leading to the banks, it's a little late in the day. The whole saga defies belief, and anyone reading the history of the sad affair would never believe it possible it's been so absurd. Got it offmy chest, the whole things just bonkers, should be about meeting reasonable customer need, that after all is treating Customers Fairly, rather than a nice little money spinner for the bureaucrats.

• 05 October 2010 21:25 PM