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The FSA warns of misleading savings claims

The Financial Services Authority (FSA) has warned insurance firms to stop using misleading savings c...

The Financial Services Authority (FSA) has warned insurance firms to stop using misleading savings claims in their advertising or face regulatory action. The FSA found that more than half of motor insurance and a quarter of home insurance advertisements with savings claims were either unclear or misleading to consumers.

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GI AR numbers fall again

The general insurance and protection sector saw the biggest fall in the number of appointed representatives last financial year, the Financial Conduct Authority has calculated.

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