FCA launches premium finance market review
The Financial Conduct Authority has launched a review of the premium finance market, alongside the launch of a government motor insurance taskforce.
Today (16 October) the regulator confirmed it would kick off a competition market study, to see whether people who borrow to pay for motor and home insurance are receiving fair, competitive deals.
The
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Insurers continue to face the challenge of distinguishing and differentiating themselves on anything other than being among the cheapest providers.