Biba members still struggling with FSA authorisation will now have access to legal advice through law firm Hugh James.
Biba has signed an exclusive agreement with the firm to supply contract law services for its 2,000 members.
This will include advice to brokers looking to either merge with or acquire other brokers, and prepare terms of business tailor-made for Biba members as required by the FSA before 14 January 2005.
The agreement will also allow for Hugh James to prepare a sound and compliant contract for brokers to conduct mutually beneficial marketing strategies, at an agreed fee at preferential rates.
Biba technical services manager Graeme Trudgill said: "We are extremely pleased to be able to offer our members access to this innovative one-stop-shop approach to legal services."
Hugh James financial services director Tony Edwards said the contract law services offered "a unique menu of interconnected services" which would be useful for brokers up to and beyond 14 January 2005.
