January deadline for those firms with insurance focus

Adviser firms dealing in insurance are likely to implement aspects of depolarisation rules ahead of ...

Adviser firms dealing in insurance are likely to implement aspects of depolarisation rules ahead of time to ensure they meet European rules. The FSA has given the industry six months from 1 December to introduce depolarisation measures, including providing customers with details of fee levels and maximum commission amounts. Those firms involved in insurance mediation, however, will have to take action before 14 January to ensure customers have relevant information about their status and the services and whether they have decided to adopt new depolarisation rules at the time. Much of the i...