Sense at last?
The Conservative plans for the Financial Services Authority (FSA) make classic sense and bring to an end a long reign of utter incompetence and sublime stupidity by those who should have known better.
Primarily the blame for this failure can be laid atthe hands of senior managementat the FSA who over the years have climbed the ladder having had no hands-on experience in the industries they regulate. Certainly, with regards to insurance, the FSA has never had a clue.
Let's look at the history of
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