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FSA ban

Walsall Bridge Insurance Consultants has been stripped of its permission to carry out regulated acti...

Walsall Bridge Insurance Consultants has been stripped of its permission to carry out regulated activities by the Financial Services Authority (FSA) after it was found that the firm had failed to pass on received client premiums to insurers and used the money to run the day-to-day activities of its business. The FSA also banned the company's sole director, Geoffrey Thomas Robbins, from conducting any further regulated business in the general insurance industry. In total, 19 clients were left

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GI AR numbers fall again

The general insurance and protection sector saw the biggest fall in the number of appointed representatives last financial year, the Financial Conduct Authority has calculated.

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