Brokers “not engaging” with FSA on new regulation

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Just before the closing date for responses to the FSA’s latest proposals on Distribution and Disclosure,92% of intermediaries have not responded to the FSA or a trade body, according to research fromwww.tcfinfo.co.uk.

The online research, involving 159 participants, also found that 60% had no plans to do so.

It also reported that only 11% of participants were ‘very confident’ in their knowledge of MMR.

www.tcfinfo.co.uk is embarking on a campaign to encourage intermediaries to register on the site and “Join the debate””.