U.K. Regulator Clarifies Compensation Rules

NU Online News Service, Feb 2, 2:40 p.m. EST?Insurance agents and carriers in the U.K. will not be forced to disclose commissions, the nation's top financial regulator said yesterday.[@@]

Speaking at a business lunch in London, Financial Services Authority chief executive John Tiner said that the decision was made after extensive consultation with insurance industry executives.

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