FCA transparency proposal deemed a 'partial solution'

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Industry commentators have challenged the Financial Conduct Authority for putting forward a "partial solution" in its proposal that would require general insurers to publish the prior year's premium on renewal notices, announced today (3 December).

The move, which the FCA hopes will encourage insurance customers to shop around, will be open for consultation until March 2016 and includes several other measures.

However, head of financial

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MPs demand answers surrounding FOS CEO’s exit

The Treasury select committee has written to both the Financial Conduct Authority and Financial Ombudsman Service about the circumstances which surrounded the departure of CEO and chief ombudsman, Abby Thomas, last week.

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