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Biba takes aim at weight of regulation and broker FSCS costs

Graeme Trudgill

The British Insurance Brokers’ Association has put regulatory and Financial Services Compensation Scheme reform in the crosshairs as it called for a cut in insurance premium tax in its manifesto.

Graeme Trudgill, executive director at Biba, hit out at the “excessive” amount of regulation for brokers and noted that there was no specific chapter on regulation in this year’s manifesto as it “runs

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