IIB attacks FSA levy proposals
Barbara Bradshaw claims proposed fee is disproportionate
The Institute of Insurance Brokers (IIB) has reacted angrily to the Financial Services Authority's (FSA) proposals on regulatory fees and levies, with IIB chief executive Barbara Bradshaw calling them a "burden for the smaller firm."
The proposals include a £1,000 minimum fee, a "disproportionate amount" to smaller brokers, according to Ms Bradshaw.
Ms Bradshaw added: "While we welcomed the FSA's commitment to review the fees and levies structure, we're nevertheless concerned that the proposals
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