IFAs face losing valuable PMI income

A private medical insurance (PMI) broker has warned that many IFAs with PMI books who may have had their agencies cancelled following Financial Services Authority (FSA) regulation could risk losing valuable income unless they act quickly.

Jan Lawson, managing director of the Private Health Partnership (PHP) said some independant financial advisers (IFAs)would have had their agencies cancelled if they had not applied for scope of permission from the FSA post 14 January, leaving them with a por