Funding IFSRA

N

Nexus

Guest
Who is going to come up with the €40 million a year that will be required to fund IFSRA? The Exchequer, the Consumer or the Product Providers/ Intermediaries?
 
As far as I know IFSRA is or is intented to be funded by the financial industry/institutions but I guess that these costs could easily filter through to the consumer.
 
WHy shouldn't they filter through to the consumer, O ? IFSRA is a consumer protection body; do you think that similar costs in the car industry, for example, don't flow through to consumers ? It seems entirely reasonable to me to expect they would in financial services too.
 
WHy shouldn't they filter through to the consumer, O ?
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Er - I never said or implied that they shouldn't!
 
Sorry !!

Apologies, O - I read your wording (that they could easily filter through) as suggesting you disapproved. I'd say it's a certainty, although it obviously has to be seen in the context of the overall downward pressure on financial services prices.
 
Re: Sorry !!

No problem... :)
 
Outbreak!!

Guys

I think we better watch it or there could be an outbreak of courtesy on the site. I am afraid I will have to give you two a yello card and any more of this sort of behaviour and you are off.


PS I might have to delete the posts too!
 
Re: Outbreak!!

I think we better watch it or there could be an outbreak of courtesy on the site.
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This could be easily counterbalanced by getting True Blue involved in the discussion! :\
 
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