
Bend with the FCA and stop taking commission

The problem with all change is that it pushes us into the unknown and so it is not surprising there is a lot of scepticism around the FCA's drive to reduce the level of commissions taken across the industry.
Commission income is critical to thousands of brokers and no one wants to lose it. Most recently this has been focused on commissions taken from insurance premium finance and it is why insurance brokers have to be regulated as credit brokers by the FCA.
The issue is simple. Commission income
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Broker
Most read
- Amanda Blanc says she feels “responsible” for addressing industry sexism
- Goldman Sachs buys into Clear as ECI exits
- Gallagher buys Innovo as “launch-pad” into Ireland
- 30 minutes with: Axa’s Alan Scott
- Igo4 pledges to go Net Zero by 2050
- GRP expands in Wales with Prescott Jones buy
- People Moves: 20-24 June 2022