Brokers welcome sale to Highbridge and believe deal will see network regain freedom.
Brokers have welcomed Towergate's sale of the organisation hailing it as a return to independence. Former Broker Network chief, Nick Houghton - now at JM Glendinning - said the deal was good news for...
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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