FSA to reconsult on client money
The Financial Services Authority will consult on the issue of commingling of insurer and client fund...
The Financial Services Authority will consult on the issue of commingling of insurer and client funds.
Sarah Wilson, director of the high-street firms division at the FSA, told BIBA delegates: "We will consult again in July to make final decisions on whether to change the rules early in 2005. This gives us 12 months before any change is required.
"The industry has made a strong case regarding cost issues. However, we also need to take into account that the FSA is required to provide customer
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