Hubbard warns cost of regulation could alienate investment in UK

Axa chief executive Peter Hubbard has warned that the cost of regulation could alienate global capit...

Axa chief executive Peter Hubbard has warned that the cost of regulation could alienate global capital from being invested in the UK in future. During an exclusive interview with Professional Broking at the recent British Insurance Brokers' Association conference, Hubbard also aired his doubts that the regulator could manage the threat.

"The senior management at the FSA are good at articulating its philosophy of proportionality but further down the ranks this seems to turn into a tick-box

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