Alan Steel on why the FCA should be disbanded

Octo Members
28 October 2020
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Our long-form video interview with an industry titan

A 1 hour watch.     

The founder of his eponymous firm, Alan Steel discusses his decision not to train as an actuary and becoming an adviser instead.

He discusses 45 years in business, advising clients in a world of 98 per cent tax (with the investment income surcharge), adopting an asset management approach early, Margaret Thatcher and Black Monday.

He talks of discovering what Equitable Life was really charging, how Pink Floyd led to more regulation and why it is going so wrong and why the FCA should be disbanded and rethought.

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