A 22 minute watch.  

How can IFAs convince the Government and regulator to reform the FSCS. In this Octo Members interview, John Lappin asks Iain Anderson for his views on how advisers can effectively lobby for change to the compensation scheme.

Iain Anderson is executive chairman of public affairs firm Cicero/AMO.  He says with things in such a state of flux it may be a very good time to make the case. He suggests that advisers should cover all the bases with the Treasury, the FCA and MPs but it may be better to visit your MP rather than organise a letter writing campaign. And if you argue there is consumer detriment you need to provide evidence as well.