Mr J. Barton

Pensions Department

Investment Firms Division

The Financial Services Authority

25 The North Colonnade                                                  11 June, 2004

Canary Wharf

London E14 5HS

                        Your ref: IFD/PD/143214

 

 

Dear Mr Barton

 

FSAVC Review et a!.

 

Thank you for your letter of 9th June which shows a number of inaccuraces. I did not apply for cancellatiion, you imposed it because of my state of health. There was, on cancellation, a change of relationship. After all, cancellation as a word is an absolute, it is not conditional. Were it conditional I would expect some sort of continuity.

 

You owe me a duty of skill and care and in that you have failed. You burble on in a menacing fashion that you still retain powers over me but fail to divulge those powers. Probably because they do not amount to much but you want to keep me in the dark for your purposes. Has it ever occurred to you that were you straight with the regulated the regulated would be much more straight with you.

 

You request my co-operation yet you are gratuitously rude to me telling me by which date my response should be in. Have you ever in the time I have been regulated had occasion to chase me for any requested information? I normally reply to your letters by retum or within 48 hours and you repay such courtesy with your impertinent demands. Fine way of securing my co-operation!

 

What I want from you is a clear statement as to what powers you think you have retained over me and the financial implications as they apply to this matter, i.e. the two cases of the Woodhouses.

 

Yours sincerely

 

 

K.D.BOYD.