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GISC appeals against commission ruling

The General Insurance Standards Council is appealing against last week&#39s Competition Commission&#39s decision that its proposed rule forcing intermediaries to join up breaches the Competition Act. The GISC board is asking the Director General of Fair Trading to exempt it from the Act. It will seek the support of the Government and consumer bodies and consult with the industry. In the meantime GISC says it will continue to provide consumer protection as a voluntary regulatory body and its members are free to deal with non-GISC intermediaries.

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Financial recruitment office opens in East Anglia

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GISC appeals against commission ruling

The General Insurance Standards Council is appealing against last week&#39s decision by the Competition Commission that its proposed rule forcing intermediaries to join up breaches the Competition Act. The GISC board is asking the Director General of Fair Trading to exempt it from the Act. It will seek the support of the Government and consumer […]

FSA cools on past performance ban

The FSA has accepted that consumers want past performance information in advertisements, in its response to recommendations made by a task force it set up to look into the issue.The FSA says it will introduce new rules to make sure that past performance is not the main message in advertisements and will consult further on […]

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