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Proposals please British Bankers Association

The British Bankers Association is welcoming pre-budget plans to relax polarisation to open the door to multi-tied agents.



The association says the FSA&#39s proposals to exempt multiple providers from the existing legislation are in line with its own position.



BBA head of media relations Brian Capon says: “Although we have not spoken to members about this yet we have always argued polarisation stands in the way of fully open markets. The initial proposals suggest things are heading in the right direction.”

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