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Originally Posted by dellwear
Sorry Graham, I don't see the difference, the info is there if you look, they have to provide you the facts by law, if you don't check up on what your being told thats your fault. Although I confer on the "confusion marketing" theory.
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Which is the point I'm trying to make. It's not just a matter of the information *being* there, it's that it's *understandable* to the average consumer.
If it's buried deep in the very small print or couched in impenetrable financial speak, even if you *know* what to look for, it's going to be difficult for anyone to make sense of it.
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I also agree that the financial market need more regulation but people that argue against a nanny state can't have it both ways 
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But it's not "having it both ways". Regulating an industry that is selling stuff to the public is not the same as *telling* the public what they should or shouldn't do or buy.