FCA reiterates dual pricing concerns
CII urges insurers to act now as FCA says findings from GI market study into dual pricing will be published later this year.
The Financial Conduct Authority (FCA) has reiterated its concerns around pricing practices in financial services, including dual pricing.
The regulator has published a fresh feedback statement following on from a discussion paper launched in 2018 to debate fair pricing.
“The fair treatment of existing customers is an ongoing priority for the FCA – as part of this work, we’re focusing on the fairness of pricing and tackling the potential harm caused by certain pricing practices,” the FCA noted
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