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Wait for categorical advice, PAA chief warns

Friday 12th of December 2008
McMillan said reports that performing a needs analysis alone would push insurance advisers into the more heavily-regulated category one FAA rules were premature.

“Given the lack of detail design included in the Financial Advisers Bill, it is not surprising that industry is doing its best to fill in some of the blanks. The PAA has resisted providing detailed comment on the practicalities of the...

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