Will a new financial advice body actually work? For all our sakes, let’s hope so – Spectator.co.uk (blog)

Consolidation. Its a word used widely in financial circles. Consolidation of debt (translation: combining lots of different credit cards into one seemingly simple yet unmanageable whole). Consolidation of assets (translation: combining liabilities into one seemingly simple yet unmanageable whole). You get my drift. So, consolidation is not always a good thing. I wonder if this…