BIIBA submits its self-regulation plan to Treasury.

The British Insurance and Investment Brokers Association has sent its
regulatory submission to the Treasury in favour of self-regulation under a
single body.

Mike Williams, chief executive at BIIBA, said: "Ideally we want statutory
regulation, but we are very aware of those significant words that the
government has used - 'we are minded to abolish the statutory basis of
regulation' - and so we have to be realistic."

He said that BIIBA had spoken to "hundreds of its members" on the issue of

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