Bolt reissues broker remuneration warning

Lloyd's performance management director Tom Bolt has reiterated
Lloyd's guidance for managing agents on distribution costs and
broker remuneration in a bid to ensure they remain compliant with
the 2010 Bribery Act.
In a Lloyd's market bulletin released today (22 January),
Bolt said that in view of developments involving placement
structures and remuneration arrangements in the London market, the
Corporation had decided to reissue and update advice first
distributed in February 2012.