A heavy price to pay for compliance

Brokers which have not yet sampled the delights of CP 174 would be well advised to give it a go. As...

Brokers which have not yet sampled the delights of CP 174 would be
well advised to give it a go. As ever, the Financial Services Authority
has made a very good job of producing a clear, comprehensible guide to its
current thinking on intermediary finances.


Unfortunately, its thinking may not be quite so coherent. Brokers may be
surprised to hear the FSA suggest that clients send cash directly to their
insurer, a practice that has all but died out in the general insurance
market. This particular

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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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