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SimplyBiz Group plc

Damage limitation makes for happy chickens

I wonder what the residents of Downton Abbey would think if their gamekeeper decided to let the foxes raid the chicken coop on the basis that it was best to wait until a few birds had been sacrificed before trying to shoot the fox.

I imagine any gamekeeper adopting such a philosophy would get short shrift from Lord Grantham, and rightly so.

Clearly this would be a ridiculous state of affairs and yet, in essence, this is what the Financial Conduct Authority seems to be saying by stating that it is not responsible for banning unsuitable products.

SimplyBiz Group PLC (LON:SBIZ) provides compliance support and business consultancy services to financial services, legal and workplace benefits professionals in the United Kingdom. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.