FCA slams ‘poor’ PMI and protection product target market statements
The Financial Conduct Authority (FCA) has singled out target market statements from private medical insurance (PMI) and income protection (IP) ...
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Tag: fair value
FCA requiring product withdrawals and other ‘urgent’ action as insurers and advisers failing to demonstrate fair value
The Financial Conduct Authority (FCA) is requiring insurers and intermediaries to take remedial actions including ordering them to withdraw products ...
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FCA concerned about poor insurance value – but health cash plans are best performer
The Financial Conduct Authority (FCA) has continued to express concern over the value proposition of Guaranteed Asset Protection (GAP) insurance, ...
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Consumer Duty does not mean firms cannot make a profit – Reynolds
Consumer Duty Fair Value requirements do not mean firms cannot operate different charges or make a profit. This is according ...
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