Heed the warnings

Baigie, Tom
December 2007
Money Marketing;12/13/2007, p36
The author reflects on the introduction of the Insurance Conduct of Business (ICOB) rules by the Financial Service Authority (FSA) in Great Britain. He believes that the rules would require stronger safeguards so that those who buy over the phone are clear on whether or not they are getting advice. Moreover, the author also explores the sellers' reactions that should be addressed by the FSA.


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