Broker creates a new group within specialisms division following structural review as it takes one from Towergate.
Bluefin has created a specialty group within its specialisms division following a structural review. The specialisms group includes health and care, corporate partnerships, professions, trade credit...
Experts say that brokers taking on appointed representatives need to be aware of the "huge responsibility".
Businesses must have appropriate processes and supervision in place wherever the AR distribution method is used.
Biba boss highlights that with an appointed rep a firm “is lending its regulatory permission to someone else and with that lending its name”.
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