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Offset web

Did anyone at the FSA think to ask the Inland Revenue what it thinks of commission offset for a whole industry? I am sure it was not too worried by a few IFAs doing a bit of offset but a whole industry? This could get even nastier.

Christopher McMullen

McMullen (Insurance Brokers),Bournemouth

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Goodfellows – Mortgage Safety Net

Monday, January 21, 2002.Type: Accident, sickness and unemployment insurance.Maximum benefit: 65 per cent of monthly income or £1,500,whichever is lower.Benefit payment term: 12 months.Deferred period: None.Premium: £3.95 per £100.Commission: Initial 15 per cent.Tel: 01376 347369.

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It all ends in tiers

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