Sufficient checks by insurers should limit FSA involvement
With regards to the article 'FSA stance not altered after Preston' (PB March, p5), I do not think t...
With regards to the article 'FSA stance not altered after Preston'(PB March, p5), I do not think the Financial Services Authority would need
to get involved in wholesaling if insurers applied their usual agency
conditions and financial checks to larger brokers.
It is very frustrating to see insurers ignoring their own best practice
guidelines and thereby allowing cases such as Preston Whiteside and Ward
Evans to arise. They are quick to pounce on smaller intermediaries at the
merest whiff of a
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