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Extended warranties - new rules from 6 April

The government has published its final measures for reform of the extended warranties sector followi...

The government has published its final measures for reform of the extended warranties sector following the sector's exemption from regulation under the Financial Services Authority. From 6 April, the Department of Trade and Industry will require retailers to: show the price of extended warranties alongside electrical goods; give consumers information about statutory rights, cancellation rights and details of the warranty, among other requirements. Failure of these measures is likely to result in

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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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