Only brokers who are 'good corporate citizens' remain-AMI

Speaking at the AMI annual dinner last night, Sinclair said broker numbers had fallen from around 30,000 at their peak to no more than 12,000 now. However, firms remaining after the tumult of the past two years were the "good corporate citizens". "We have had some members come and go because we can't be in a no-failure regime. The only thing a trade body can say is let there be choice. We've seen a massive fall in broker numbers. That is a massive shift for any industry to cope with," he said. Sinclair believes there are signs of rejuvenation in the market with brokers planning for th...