FSA to tighten grip on consolidators?

The FSA has hinted that it could be about to clamp down on the consolidator model in its Financial Risk Outlook 2010.

The FSA warned brokers that consolidators must face stricter governance and controls or risk market failure.

Broker chief executives told Insurance Times that tighter governance could thwart the growth of ambitious firms.

Read more in this week's issue of Insurance Times, out Thursday, or click here to read it first online.

Download the report (pdf), right.