Will FSA regulation decrease number of intermediaries?

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More than one in two advisers believe the introduction of Financial Services Authority (FSA) regulat...

More than one in two advisers believe the introduction of Financial Services Authority (FSA) regulation will decrease the number of insurance intermediaries in the UK, according to COVER's latest online survey. The web poll revealed that 52% of respondents thought the number of insurance advisers would drop following the implementation of insurance regulation in January 2005. Meanwhile, 48% said they did not think the FSA's decision would have any effect on the number of intermediaries in the market. This month's survey asks whether 2005 will finally be the year when the private medical insurance market escapes the trend of dwindling sales. To have your say, please visit www.covermagazine. co.uk to cast your vote.

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