Biba voices concerns over FSA proposals
The British Insurance Brokers' Association (Biba) has voiced its concerns over the proposals contain...
The British Insurance Brokers' Association (Biba) has voiced its concerns over the proposals contained in the Financial Services Authority's (FSA) consultation paper CP09/7. Eric Galbraith, Biba's chief executive said: "While we appreciate that the FSA has an ever growing workload and that the fees for 10,000 small firms have been frozen, we are alarmed that medium and larger insurance intermediary firms are facing a year-on-year increase in their regulatory fees and levies of between 30% and 70
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