Money Box Investigations


2003041520030420The Financial Watchdog: In the wake of the pension mis-selling debacle of the 1990s, a new all-powerful watchdog, the Financial Services Authority, was created. Its brief was to stamp out the scandals and put consumers' interests at the heart of financial regulation. But now investor confidence is at rock bottom and investment mis-selling stories continue to hit the headlines. As the FSA's first chairman prepares to stand down, Lesley Curwen asks whether the financial policeman has been asleep on the job.