Maybe it’s too much to hope but could the FCA finally have learned from their mistakes?
The following article describes FCA restrictions on the retail sales of CoCo investments ahead of a consultation period. Ring any bells?
It sounds like the Life Settlements announcement doesn’t it? Not quite, here their is no mention of toxic death bonds or Ponzi schemes, just a measured and calm statement about their concerns and the intention to hold a consultation.
http://www.fundweb.co.uk/2013072.article?cmpid=fwnews_448750
This demonstrates one alternative course of action the FSA could have taken that would have limited the damage to existing investors in 2011. Instead they chose to blurt out unsubstantiated scare mongering and wreck the finances of thousands of savers, in direct contravention of Human Rights law.
If they have finaly learned, that is to be welcomed, but it doesn’t rectify the damage done.
Action Group For Life Settlement Fund Investors 
I think somebody should Richard, it would be interesting to hear his reply even though I suspect it would be full of excuses!
Quite right Peter.
Why not send a letter to Martin Wheatly asking him to explain why the Coco approach is measured and responsible and how you can arrive at the ” Death Bond, Ponzi Toxic tabloid approach without some form of ill conceived alteria motive.