New broker regulator FCA to focus on add-on products

Martin Wheatley

The FCA, which, alongside the Prudential Regulation Authority, will replace the Financial Services Authority (FSA) on 1 April 2013, has published its business plan and risk outlook for 2013/14.

In the plan, the new regulator stated: “We have started work on a market study on general insurance add-ons products.

“Preliminary research carried out by the FSA suggests that consumers might not be sold a product that meets their needs, at a price that is competitive, when purchasing certain types of

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: