FSA's Aon punishment is pitifully lenient
Global brokers have been crowing for years about how transparent they are in their dealings ever sin...
Global brokers have been crowing for years about how transparent they are in their dealings ever since Spitzer caught them with their hands in the cookie jar (Insurance Age, January 2009, p12).
It is generally agreed that they had been pushing for the Financial Services Authority (FSA) to introduce compulsory commission disclosure to create what they laughingly called a 'level playing field'. All it would have done is put even greater pressure on smaller brokers, many of whom struggle to keep
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