If you had the faintest hope that the banking crisis might be a catalyst for a new style of respectful conversation between the financial services industry and the consumers of its products and services, then it’s likely they’ve been dashed.
Because, last Thursday, the UK’s City watchdog — the Financial Services Authority (FSA) — published a proposed set of new rules that will determine how you are able to purchase investment products from 1 January 2013. (So if you have an ISA or a personal pension or investment bonds etc., this affects you.)