Skip to main content

Accountant warns of more BSPs to come

London-based chartered accountant CLB Littlejohn Frazer is warning of more trials and tribulations a...

London-based chartered accountant CLB Littlejohn Frazer is warning of more trials and tribulations ahead as a result of Financial Services Authority accounting regulation.

Citing BPS Insure - which went into administration before being rescued by Towergate - CLB, which is based in Canary Wharf, warned: "One thing is certain, firms have not been subjected to this level of scrutiny for years and we can expect similar cases in the months ahead."

The warning comes ahead of impending Arrow visits

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Show password
Hide password

The most significant pressures reshaping UK insurance broking in 2026

With the UK’s top insurance brokers facing shifting market conditions, there is no better time to reassess the commercial, regulatory, and technological pressures shaping the sector. PKF Littlejohn insurance partner Paul Goldwin and director Charles Drew consider the areas of focus and the importance of discipline to position firms for the year ahead.

Biba pitches industry wide fair value assessment templates

The British Insurance Brokers’ Association has targeted further regulatory rule simplification in its 2026 Manifesto, as it urged industry wide support of developing a fair value assessment template, and called on the government to deliver a new Financial Services Bill.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: