RICS secondary exemption plea is denied by Treasury

The Treasury has poured cold water on a last minute attempt by the Royal Institution of Chartered Su...

The Treasury has poured cold water on a last minute attempt by the Royal Institution of Chartered Surveyors to gain a travel agent style exemption for secondary intermediary chartered surveyors.

RICS launched a campaign pressing for the exemption and had urged its members to lobby their local MPs to press for a change in the FSA's position on the sale of general insurance by secondary intermediaries.

A Treasury spokesperson said: "The Treasury has no plans to change the scope of the proposed

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FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

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