Insurance

'Not all advisers churning'

Friday 23rd of March 2018

It was revealed yesterday that the regulator had taken action against 11 advisers in its investigation into life insurance replacement business.

But it highlighted concerns about the behaviour of the advisers it investigated, who were identified in 2016 as having high levels of replacement business.

The FMA found that half the 24 advisers it dealt with either were not aware of the...

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