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‘Over-rewarded’ scale driving consolidation leads to broking’s ‘worst practices’

By 2021-05-13T07:58:00

consolidation (2)

Despite the broking market being described as ‘a dangerous place now’, chief exec urges industry to ‘not let the word “consolidation” become the new dirty word’

Consolidation within the broking market has led to scale being “over-rewarded”, which can cause “worst practices” to creep into broker services, said Phil Barton, chief executive of Partners&.

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