letters

Menu systems

Nigel Bailey, director LAfinancial Sir, The FSA seems to really believe it is doing the consumer a favour with the menu system. However, in the long run, this will do nothing to enhance client interests. The latest changes will simply serve to confuse the public further and leave them suspicious of advisers. Any adviser with above average ability, experience and qualifications will rightly charge above-average fees reflecting the quality of advice given. He will also wish to leave some leeway in the maximum commissions/fees chargeable to ensure that more complex cases can be handled ec...