- UK and Ireland pitched in with around half the responses - guess we know where the beneficiaries are!
- Standard arguments on distributor pay, policyholder hidden charges and coverage of the directive to include bancassurers and PRIPs all in
- Amusing piece from (I guess) the IFA industry on lower commission possibly leading to lower quality of advice
- Little drive on efficiency of process, though some support for a central permissions bureau, which from my experience would be an excellent idea.
Thursday, 5 May 2011
Insurance Mediation Directive responses - done deal?
Having read through the mercifully brief responses on IMD consultation today (and having plenty of experience in cross border selling under the directive), I noted the following;