Versicherungsfachmann BP Practice Questions - Versicherungsfachmann Versicherungsfachfrau Mit Eidgenössischem Fachausweis Exam

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Under the Swiss Insurance Supervision Act (VAG / LSA), what is the primary regulatory distinction between tied insurance intermediaries (gebundene Versicherungsvermittler) and untied insurance intermediaries (ungebundene Versicherungsvermittler)?
Correct Answer:
Untied intermediaries act primarily in a fiduciary relationship to the client (broker) and must be registered in the FINMA public register, whereas tied intermediaries act for one or more specific insurers

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