Comments on proposed changes to the FSA:

"I don't see the need for such detailed regulation of what is a low risk area."

"The FSA did not do a good job for the general insurance broker and hopefully a new approach will be cheaper and more effective."

"Simplification and less regulation is good, though within a tight framework to ensure stability."

"The proposed changes merely shuffles the FSA pack and adds no value. It needs to be a lot less of a bureaucratic nightmare than the FSA, with people who can help, not chocolate teapots like