Remember your principals
With regulation just around the corner, it is time for brokers to take action. The consultation proc...
With regulation just around the corner, it is time for brokers to take action. The consultation process is almost over and registration has begun.
Industry insiders predict that around 20% of general insurance brokers are still undecided whether to apply for authorisation, to become an appointed representative or exit the market.
Becoming an AR is not a soft option. ARs still have to comply with the Financial Services Authority rules, although it is the principal responsible for their compliance
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