Money Marketing made a freedom of information request to ascertain that Lord Adair Turner, chairman of British financial regulator FSA, claimed £812 for two nights in a hotel during last February. Nice work if you can get it while FSA CEO Hector Sants
has a full time driver.
There is the perception amongst some independent financial advisers is that they get a hard time from the FSA while the regulator leaves the big banks well-alone. One IFA has recently called the banks giant selling machines.
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