Re: FSA advising "most consumers" to contract back in to S2P

Rob graham <rttgrahamwow@xxxxxxxxxxxxxx> wrote:

"Mark" <ihatespam@xxxxxxxxxxxxxxxxxxx> wrote
Hi,

I have recently received a leaflet from the FSA about S2P. One
paragraph stands out in which is says "Independent analysis that have
been done for us suggests that most consumers are likely to be
financially worse off by contacting out or staying contracted out
during 2006/7."

I have never heard any specific advise on whether to contract in or
out. Does anyone know the reasons for this statement? Who are these
"independent analysists"?

The FSA does not actually give advice. Some of its wordings are wrapped up
to look like advice to the unaided eye, (like the one you're quoting) but
actually they are not. You'd have a job to nail them in court. The only ones
you'll be able to nail in court are IFAs, to whom you've been referred.

Yeah?

Do you think you can find (& afford) an IFA that will:
(a) give you a definitive answer about 2SP
(b) Can afford indemnity insurance
(c) Will still be around in 20 years time for you to claim from if
they're wrong?

rgds, Alan
--
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