FSA moves to quell concerns over staff changes

The Houses of Parliament in London

Speaking at yesterday's All-Party Parliamentary Group on Insurance and Financial Services (APPGIFS) meeting, the director of insurance supervision, Prudential Business Unit (PBU), Julian Adams insisted the turnover had mostly been seen at a junior rather than the senior associate and manager level.

However, APPGIF chairman Jonathan Evans MP and Lord Hunt both claimed to have been approached by insurers and other regulated firms - one of whom was "incandescent with rage" - that their entire

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