Conflicts of interest within insurance intermediaries dealing with small businesses are not being properly managed, a review by the Financial Conduct Authority (FCA) has found, in an echo of the concerns the regulator had about investment advisers that eventually led to the Retail Distribution Review (RDR).
The regulator said it has looked at seven of the largest intermediaries who serve small business clients - which it does not name - and concluded that in some firms, control frameworks and management information...
Steps down from board on 1 October
Will shape future regulatory work
170 regulated firms
252 firms pulled out
'It may take a while to square this circle'
Completes legal process
Scepticism towards companies' commitments
GDP falls 2.6% in November
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