Premium Credit boss voices support for FSA premium finance probe
Premium Credit has backed the regulator's review into brokers' premium finance deals, insisting that there should "always be full transparency" for any financial product.
The Financial Services Authority (FSA) recently completed a review into brokers' roles in arranging premium finance plans for commercial customers.
Following the survey, the regulator concluded it would consider "taking a closer look at firms' practices" and take "appropriate action" with individual firms when required.
And the credit provider's CEO Andrew Doman explained that he "fully supports" the FSA's findings.
"The FSA also reinforced the need for brokers to act in their client's best
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