'Never a lender or a borrower be' - advice being eschewed by insurers and brokers as they make secret multimillion-pound loans
• Insurers are lending huge sums to brokers for favourable investment returns
• Deals are often veiled in secrecy and many are bound by confidentiality clauses
• The FSA currently has no arrangements in place to monitor potential conflicts of interest caused by these loans
Click on the related file (right) to download a pdf and read more from this week's Insurance Times investigation.
Downloads
The insurers bankrolling brokers
PDF, Size 0.66 mb
No comments yet