Editor's letter - May 2014
“To me it all still adds up to good news. Growth opportunities are there but will be hard won”
Ahead of the Biba conference it is always nice to start with some good news. The FSCS levy for insurance intermediaries in 2014/15 has been reduced to £38m, down from a predicted £62m.
I can already hear the sounds of disapproval from those who will point out that a decrease in an unfair payment still does not make it fair. Brokers have known for years that they did not make any profits from selling the products and should not really have to foot the compensation bill. And they are right. But my
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