155. Deputy Noel Grealish asked the Minister for Finance further to Parliamentary Question No. 103 of 27 May 2014, regarding Setanta Insurance, the way he would envisage brokers having what he called a more active role in advising customers when brokers do not have access to the level of financial information to advise if a particular company is solvent; the way he would envisage brokers being able to provide a type of prudential service when regulators are in place for that purpose; if he will expand on his statement that caveat emptor should apply to the purchase of a financial services product when it is the regulatory framework which is supposed to protect consumers; and if he will make a statement on the matter. [24204/14]

Summary

155. Deputy Noel Grealish asked the Minister for Finance further to Parliamentary Question No. 103 of 27 May 2014, regarding Setanta Insurance, the way he would envisage brokers having what he called a more active role in advising customers when brokers do not have access to the level of financial information to advise if a particular company is solvent; the way he would envisage brokers being able to provide a type of prudential service when regulators are in place for that purpose; if he will expand on his statement that caveat emptor should apply to the purchase of a financial services product when it is the regulatory framework which is supposed to protect consumers; and if he will make a statement on the matter. [24204/14]

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• Insurance Industry

  xml · EN · 10 June 2014

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