Financial Conduct Authority asks chief executives to avoid selling unnecessary products and add-onsThe City watchdog has issued a warning to insurers to treat customers fairly after concerns that the cost of living squeeze may prompt households and businesses to cut back on insurance, leaving them without protection.The Financial Conduct Authority has written to chief executives in the insurance industry urging them to ensure consumers are not sold unnecessary products or add-ons and do not face unfair penalties. Continue reading…
Source : theguardian.com
Read more…FCA urges insurers to treat customers fairly amid cost of living squeeze
