Regulation

Cowboy ad leaves advisers' saddle sore

Monday 4th of July 2011

Camelot adviser Stephen Parr has written to the Authority to formally complain about the advert.

"As a public education, it's just horrifying," he said.

Parr said the advert portrays all advisers as cowboys, unable to be trusted until the arrival of the new regulator last week, and it unfairly places the emphasis for prior financial problems at the advisers door.

"It discre...

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