The General Insurance Standards Council (Gisc) has urged brokers to keep it fully informed of any plans to sell their businesses.
The plea follows a broker's claim that he was being threatened with a large bill for a Gisc visit - to a business that he would shortly no longer own.
Anthony Sharkey, the managing director of AM Sharkey & Associates in Wolverhampton, who is shutting down his office and selling his client base to Swinton this March, claimed the Gisc had asked him to pay £1,500 for a
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