IIB issues warning on IMD review

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According to the IIB, the IMD review has stirred up the debate over transparency and conflicts of interest in the general insurance market, with the question of mandatory, up-front commission disclosure being back in the mix.

In a response to the consultation by the European Commission on how to amend IMD with a view to greater harmonisation of selling practices and creating a level playing field between all those involved in the selling of insurance products, the IIB said it was firmly against

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