Tiner: FSA hand book may be updated to cover inducement advice
The Financial Services Authority chief executive John Tiner today said the regulator believes that its rule book does not yet need updating with regard to rules on inducements and managing conflicts of interest which apply to insurers and intermediaries.
However, he admitted the FSA had drawn up some new guidance in repsonse to requests from the general insurance industry and that it could be included in its rule book in the future.Mr Tiner added: "As
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