FSA not to blame for consolidation
Regulation by the Financial Services Authority will not cause widespread broker consolidation, said ...
Regulation by the Financial Services Authority will not cause widespread broker consolidation, said Sarah Wilson, director of high-street firms at the FSA.
Wilson said: "It has never been our ambition to reduce consumers' access to insurance. Though regulation will undoubtedly play a part in consolidation in the market during the next couple of years, to put all consolidation down to regulation is to misunderstand."
Wilson said the publication of near final rules on prudential requirements in
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