FSA 'no comment' as IFAs slam £11,500 Tiner party

IFAonline readers have criticised the regulator for spending fee payers’ money on two separate parties, one on a party boat and another at Tiner’s desk. However, the FSA refused to respond to concerns from IFAs who help fund the regulator. John Follows, a sole mortgage broker, says: "Absolutely outrageous waste of our money. Didn't he earn enough from our exorbitant fees to pay for it himself?" Terry Arch, an IFA at Eastgate Financial Services, highlights the lavish parties demonstrate a disregard for treating customers fairly (TCF). He says: "I find it appalling that this amount of mo...