FSA scrutinises banks' bundling of insurance products
The consultation paper, Packaged bank accounts: New ICOBS rules for the sale of non-investment insurance contracts, will apply to banks or building societies selling insurance as part of an account but the FSA is also looking for feedback from insurers and intermediaries.
The regulator said the aim of the proposals was to ensure that consumers were aware they were buying the policy when opening the account and to limit the risk that they rely on the policies only to find that they are unsuitable
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
