Trouble ahead

With FSA regulation exposing brokers to greater scrutiny, Rachel Gordon investigates what risk management options brokers should take to guard against increasing incidents of litigation

Last October, Lloyd's professional indemnity broker PYV warned intermediaries they could be woefully under-insured if they only purchased the Financial Services Authority's recommended minimum limits

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FCA stops potential ghost broker from trading

The Financial Conduct Authority has stopped Arthur Temlett, trading as Abacus Insurance Consultants, from carrying out any regulated activities, including acting as an insurance broker.

City minister Siddiq is replaced by Reynolds

Less than 24 hours before she was due to appear at the British Insurance Brokers’ Association’s Manifesto launch, Tulip Siddiq has resigned as Treasury minister and been replaced by Labour MP Emma Reynolds.

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