Your letters: Fear not, Equity is at hand
I refer to the lead article in last month's issue, 'Brokers in the spotlight after surprise IPT ruling' (Insurance Age, January 2010, p1), in which it states: "Without any prior discussion with the industry, chancellor, Alistair Darling announced in his pre-budget report that Insurance Premium Tax will be extended to fees on personal lines insurance sold through brokers with immediate effect."
I refer to the lead article in last month's issue, 'Brokers in the spotlight after surprise IPT ruling' (Insurance Age, January 2010, p1), in which it states: "Without any prior discussion with the industry, chancellor, Alistair Darling announced in his pre-budget report that Insurance Premium Tax will be extended to fees on personal lines insurance sold through brokers with immediate effect."
The set up costs alone will be another blow to brokers, many of which are already struggling to
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