23rd June 2006, 02:01 PM
Quote:quote:1 man, are you a member of the IFA?Yes, I am both a member of the IFA and a responsible person in an RAO. I do feel cheated - but by the unit in question, not by the IFA.
Whether or not you think that the unit's misdeeds merited stronger sanctions, the point here is not 'what should the IFA have done?' so much as 'what else was available for them to do?'. The unit is not an RAO - so they can't take disciplinary action through the RAO scheme. Legal action would be very risky and expensive for the IFA, and probably out of proportion to the severity of the offence.
As a member, I might feel cheated by the IFA if they spent some of my subscription money on pursuing legal action on this point.
1man1desk
to let, fully furnished