A year of living dangerously
There is no doubt that 2005 proved a particularly hectic year for brokers across the UK. Jane Bernstein examines how brokers managed to meet these challenges, and asks whether the work carried out over the last 12 months will mean that 2006 should be a calmer year all round
Financial Services Authority regulation became a fact of life right at the beginning of 2005 and few would disagree that it was a defining event for the year. However, there is also general consensus that - one year on - it is still difficult to measure the effect it has had on brokers. As Kevin Pallett, executive director of Fusion, comments: "I think people are only just starting to realise what is involved."
"The impact will take some time to filter through," concurs Grant Ellis, chief
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