Insurance in the firing line as CMA calls for pricing intervention to be on the agenda

photo of a hand holding crosshairs

The Competition and Markets Authority (CMA) has told the Financial Conduct Authority (FCA) to consider pricing intervention as it released the findings of its investigation into five markets named and shamed in a super-complaint by Citizens Advice.

In October Citizens Advice accused the household insurance, cash savings, mortgages, mobile phone contracts and broadband industries of overcharging loyal customers and warned again that consumers are being ripped off by existing customers being

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