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Not such an honourable system for the insurance industry

I write with regard to the recently published parliamentary comment, Incestuous honours system rewar...

I write with regard to the recently published parliamentary comment, Incestuous honours system rewards its own (PB, July 2004, p14).

As usual, David Worsfold has hit the nail on the head in saying that, despite the fact that the Financial Services Authority is not fully functioning, honours are nevertheless poured out. This is presumably because it is virtually a government department and honours seem to automatically come with the stations.

As one of the highest-earning industries of overseas currency, the insurance industry should warrant a fair distribution of awards at all levels. Are the industry, The Chartered Insurance Institute and brokers not lobbying the right people?

Old Hand, Cheshire, (name and address supplied).

To air your views and comments, please write to the editor, Richard Adams, at: Professional Broking, Haymarket House, 28-29 Haymarket, London SW1Y 4RX or email: richard.adams@incisivemedia.com.

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