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Investor protection threatened

Language: English Series: Daily Telegraph ; 5/9/87 p18Publication details: 1987Subject(s): Summary: Reviews the potential of umbrella intermediaries within the insurance market. Under the Financial Services Act 1986 firms carrying on investment business must seek authorisation with a recognised body. Within an umbrella organisation the lead company alone will apply for authorisation and comply with the regulations.

Reviews the potential of umbrella intermediaries within the insurance market. Under the Financial Services Act 1986 firms carrying on investment business must seek authorisation with a recognised body. Within an umbrella organisation the lead company alone will apply for authorisation and comply with the regulations.