Intermediaries seeking guarantees of getting FSA authorisation in time to carry on regulated insurance business as of 14 January next year have just two more weeks to file their applications, says Norwich Union.
To this end the provider together with PricewaterhouseCoopers has published a new guide providing a quicker route to understanding what is expected of businesses seeking authorisation, what actions they will need to take, and how the authorisation process works.
The guide is also being pitched as an easier alternative to wading through hundreds of pages of FSA documentation, and act to spur intermediaries and their firms to action.
Norwich Union says meeting the deadline will be particularly important for those working in the commercial property sector.
Additional financial services form a major part of business profits in the sector, yet most property professionals are yet to file their applications for approval, according to NU estimates.IFAonline
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