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Paddick calls for stricter wholesaling regime

Following the collapse of intermediary Tribune Risk & Insurance Services, Institute of Insurance Brokers director general Andrew Paddick said that the Financial Services Authority should seriously consider making the "wholesaling of insurance" subject to a special permission.

Mr Paddick said: "There are a number of highly professional and reliable specialist brokers in the market who offer their schemes to other brokers. But unfortunately, in contrast, there are also a

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