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FSA ban

The Financial Services Authority (FSA) has banned Christopher Whiteley from carrying out any regulat...

The Financial Services Authority (FSA) has banned Christopher Whiteley from carrying out any regulated activities after it found that Whiteley Insurance Consultants (WIC) had left thousands of consumers without proper insurance cover. The FSA found that between November 2000 and April 2005, WIC had issued customers with travel insurance policies that were not underwritten by an authorised insurer. This meant thousands of WIC customers were exposed to the risk of loss and detriment in the event

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Yutree outlines plans after MBO

Laura Hancock, managing director of Yutree Insurance has outlined plans for the future following a management buyout, including opening an office in Norwich.

Should you sell your broking business to an Employee Ownership Trust?

Tax-efficient exit strategies and staff incentivisation have become hot topics among broker leaders since the recent increases in Capital Gains Tax and Employer National Insurance. In the second part of a series focused on the fallout from the 2024 Labour Budget, Catherine Heyes examines how broker owners can use Employee Ownership Trusts to respond to these developments.

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