question re mfs posed to au treasurer in uk, page-13

Exact sentiment from many and hopefully enforced at the Senate enquiry. How many investors relied on information provided from MFS employees themselves who professed to be 'financial advisors'? Who provided financial advisors outside of MFS with information which was incorrect or misleading? Which advisors are prepared to admit they were misinformed or influenenced by glowing reports from Lonsec?PIF was regarded as an industry leader for 8 years, how dare we be accused of exposing ourselves to a high risk fund offering high returns. ASIC themselves obtained orders in the Supreme Court of Queensland appointing MFS in Aug 2002 as a temporary responsible entity to Landmark Property Syndicates Ltd (Landmark), a former licensed responsible entity with over $200 million in property funds under management. Its so easy to pass the blame, as has been demonstrated time after time, only now questions are being asked as to why are the same mistakes being made when there are meant to be long term regulations in place to protect mum and dad investors? Why are we being ignored and duck shuffled from one govt dept to another? I think investors are sick of the lack of recognition and inaction, and the times of being ignored and un supported are diminishing. It just makes some of us more determined and committed to seeking answers.Seamisty