David Gamble.
Clear thinking is required over the remuneration of brokers and intermediaries. A new code and an independent regulator with real powers must be the way forward.
Despite much publicity and debate, the need for clarity within theinsurance world over commission and incentive payments to brokers and
intermediaries continues to be unresolved.
Clear thinking is required, and the sooner the better. Let's agree the
basics of regulation now.
The facts are simple. Concern has arisen among buyers of insurance over
remuneration practices - put bluntly, the 'customers' are worried that
they may not be getting best advice and best value for money. The
insurance industry
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