IBRC waives final fees
The Insurance Brokers Registration Council has decided to waive payment of the retention fee, due fro...
The Insurance Brokers Registration Council has decided to waive payment of the retention fee, due from registered insurance brokers and practising insurance brokers on 1 January 2001, in view of the fact the Insurance Brokers (Registration) Act 1977 will be repealed on 30 April 2001.Melanie Johnson, economic minister to the Treasury, recently confirmed that the Act will be repealed. The registered and practising brokers will remain insurance brokers, with their name on the Register, and can
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