Deputy editor’s letter - April 2014
“The FCA has got brokers guessing as to how this will impact their selling practices, not to mention their back pockets”
Rarely a month passes without the Financial Conduct Authority (FCA) sinking its teeth into an aspect of broking.
And last month the watchdog didn’t disappoint with its hard-hitting review and proposed shake-up of general insurance add-ons. Its findings and potential overhaul has got brokers guessing as to how this will impact their selling practices, not to mention their back pockets.
But not in question is the regulator’s irritation with how the market is currently working. Warning that firms
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