IBRC takes legal action.
The Insurance Brokers Registration Council is to take legal action against 500 brokers that have fai...
The Insurance Brokers Registration Council is to take legal actionagainst 500 brokers that have failed to pay a levy imposed by the council
as a result of the pensions mis-selling scandal. The council is now
suffering a shortfall of approximately £25,000 as a result of the lack of
payment from the brokers which owe between £40-£70 each. The case will be
taken to the small claims court with the costs being taken from the levies
that have already been collected.
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