Can the FCA fix the premium finance problem?
News Editor’s View: As the Financial Conduct Authority prepares to publish the initial findings of the premium finance market review, Scott McGee asks what options does the regulator have to fix the “tax on being poor”?
It’s been nearly two years since the Financial Conduct Authority first flagged concerns about premium finance, calling it a “poor product” yet an essential one for cash-strapped consumers who need a
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