Yet, his very failure sets him apart from the novel's stock-broking villain.
To the housebuyer the banks can offer this because unlike societies they can offer bridging finance without constraint, estate agency and insurance broking services.
I must declare an interest as an insurance broker and representative of one of the insurance broking institutions.
Money broking is a deregulated area of the market, so people are entitled to negotiate their own commissions.
It is important that we should not prejudge the issue, particularly now that the working party is considering this and wider issues about broking.
In the proposed financial services legislation, self-regulatory organisations are to be created, which, if anything, will toughen the requirements under which insurance broking is undertaken.
Then, as landlords, they charge a second fee for arranging insurance for their tenants with the broking company.
It asserted in its defence that the company already had full separation of management functions between broking and underwriting.
