Brokers may face difficulties getting ready for FSA regulation, according to Swiss Life.
In its response to the FSA's consultation paper CP160 the insurer said it has concerns that intermediaries may not recognise the significance of the proposals.
In addition the insurer said intermediaries should disclose commission in order to reassure consumers they are acting in the consumer's best interests.
In a statement the company added: "Given the need for changes in management and administration, measures to prevent financial crime, and training the proposed 5 January 2005 deadline for registration could pose problems for some intermediaries."