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Airmic slams dithering FSA over broker commission outcome

The Association of Insurance and Risk Managers has expressed disappointment by the time it is taking to produce the guidance on broker remuneration transparency, which was originally due to be published this year. There is a pressing need for clarity and a resolution of what constitutes acceptable practice, Airmic added.

"It is now nine months since the Financial Services Authority pointed the way forward by identifying the six outcomes required to create a competitive and efficient market, following an extended

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How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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