LawComm confirms probe into IFA non-disclosure

IFAonline revealed last month the Law Commission was preparing a further insurance law issues paper, which would specifically examine the relationship between intermediaries and providers and raise questions over the adviser's responsibility for non-disclosure. In a meeting with the industry yesterday, the Commission confirmed it is examining situations where a customer gives their adviser information during the application process, but the adviser fail to pass this on or incorrectly complete a form on the client’s behalf. The investigation is part of a wider consultation on the law of ...