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Intelligent Partnership feels this is the most balanced article on the FSA consultation paper yet… Lets start with a simple premise. People are allowed to take risks with their Investments. It is a free market. But – and there is always a ‘but’ – they must be allowed to take known risks, where they have, and can be reasonably expected to, give informed consent to those risks. And, for me, that captures everything that has been wrong about the UCIS market so far. The risks have rarely been understood by the adviser, let alone the Investor. And so the FSA’s… continue reading