FSA's first insurance sector conference

Speaking at the Financial Services Authority's (FSA) first insurance sector conference, FSA chief executive John Tiner told attendees why the FSA believed the industry was capable of managing conflicts of interest.

Mr Tiner also explained why the FSA believed that mandatory commission disclosure would not remove the need for firms to manage conflicts of interest arising from their business. He stated: "Full disclosure would not be a panacea, nor provide a safe harbour from the need to manage

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