Regulation opportunities
The hassle of preparing for regulation could be offset by enormous business opportunities, said Andr...
The hassle of preparing for regulation could be offset by enormous business opportunities, said Andrew Paddick, director general of the Institute of Insurance Brokers. He added: "There will be tremendous chances for brokers with secondary intermediaries, (those that sell insurance to complement their main business). The Financial Services Authority has not received the level of inquiry from these firms to enable them to become compliant directly. This presents brokers with a great opportunity
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