Article: LETTER: Richard Griffiths' being so wrong damages everyone in industry.(Letter to the Editor)

From Richard Coulson

At Home of Choice we are not journalists but if we were, we'd want to get our facts right. We do have a compliance director, one of the best in the industry, and he thinks getting the facts right is pretty important too - vital, he says, if you're going to urge the Financial Services Authority to take action.

Richard Griffiths' article 'When will the FSA crack down?' (Mortgage Strategy February 27), for something clearly designed to catch the regulator's eye, is dangerously half-baked.

Griffiths doesn't understand multi-principal agreements. Where you need an MPA is when you have one principal to advise on investment ...

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