Challenge of regulation is worrying brokers
Regulation by the Financial Services Authority is the primary worry among brokers, according to rese...
Regulation by the Financial Services Authority is the primary worry among brokers, according to research by Norwich Union. Its bi-annual survey revealed that 17% of brokers see FSA regulation as their greatest challenge.
Family-run brokers and smaller, independent brokers are particularly pessimistic about the incoming regulations. The survey also found almost two-thirds of broker businesses are planning to expand in the next 12 months and 85% are optimistic about the future.
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