Revenue grows by 5% to £1.15bn
JLT Group's reported profit before tax fell by 3% to £155m for the year to the end of December 2015. The results for the 12-month period also showed that the firm's revenue grew by 5% to £1.15bn. ...
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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