Biba sets out top three broking wish list for new PM
The British Insurance Brokers’ Association is hoping for proportionate regulation, the introduction of an enhanced growth and competitiveness objective for regulators and changes to IPT, CEO Steve White told Insurance Age setting out its wish list for new Prime Minister Liz Truss.
Truss defeated former chancellor Rishi Sunak on Monday in the race to be leader of the Conservative Party garnering 81,326 votes from members compared to 60,399. She became PM the following day.
White put “a more proportionate regulatory regime” in first place pointing out that Truss said at one of the leadership hustings that she was contemplating re-merging the Prudential Regulation Authority and the Financial Conduct Authority.
“If they were to do that it would give them a real chance to
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