Disclosure poser

Q. I am concerned about commission disclosure. How can brokers dissuade the FSA from going the hard disclosure route?

I suppose the easy answer is to handle all future transactions on a fee basis. John Tiner's statement caught the provincial market off guard, as the feeling was, that with the introduction of the British Insurance Brokers' Association suggested wording in terms of business agreement's there was sufficient transparency to satisfy the regulator. Such a wording, or similar, will at least send a signal that you are open to disclosure, as of course you must be anyway.

I suspect that your firm, like