APFA to hold regulator to account

Chairman Lord Deben told APFA members at the group's annual gala dinner that it would take on the task of monitoring the regulator if no other independent body was appointed to do so. Deben explained that APFA would look at three measures when assessing the regulator's performance: "We would ask, does the action of the regulator improve acceess and protection of the consumer; does it improve the savings ratio; and does it mean that more people get professional advice than was once the case." "It's an objective, simple and clear demand and we want it not for ourselves but for the finan...