Insurance Age blog: What's in a name?
Just when you had learnt what the CPMA stood for, the Government goes and changes the name of the new regulatory body tasked with keeping naughty brokers in check.
So what had been dubbed the Consumer Market Protection Authority has now changed to the Financial Conduct Authority (FCA). Just like that.
Imagine being in the room where they bashed out that decision. What was the reasoning behind the name change? Admittedly it is less of a mouthful but it also sounds a bit prim and proper - as if the new team will sit around a large mahogany table, drinking Earl Grey and debating fiscal etiquette.
I don't know if anyone else has noticed but the new title also
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