Why the FCA should slash red tape to save brokers
News Editor’s View: Scott McGee examines the impact of the Financial Conduct Authority’s Consumer Duty, debating whether the regulator's promise to reduce the weight of regulation is too little, too late for small brokers struggling as a result of red tape.
We can all agree the idea of the Consumer Duty is admirable.
Any effort to ensure insurance customers aren’t ripped off is a good thing, and there have been parts of the industry where action is needed
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