{"id":130058,"date":"2022-09-29T18:35:50","date_gmt":"2022-09-29T11:35:50","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urges-insurers-to-treat-customers-fairly-amid-cost-of-living-squeeze\/"},"modified":"2022-09-29T18:50:25","modified_gmt":"2022-09-29T11:50:25","slug":"fca-urges-insurers-to-treat-customers-fairly-amid-cost-of-living-squeeze","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urges-insurers-to-treat-customers-fairly-amid-cost-of-living-squeeze\/","title":{"rendered":"FCA urges insurers to treat customers fairly amid cost of living squeeze"},"content":{"rendered":"


\nFinancial 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…
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\nSource : theguardian.com
\nRead more…FCA urges insurers to treat customers fairly amid cost of living squeeze<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Financial Conduct Authority asks chief executives to avoid selling unnecessary products and add-onsThe City watchdog...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-130058","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xPI","jetpack-related-posts":[{"id":123499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urges-lenders-to-support-uks-47000-mortgage-prisoners\/","url_meta":{"origin":130058,"position":0},"title":"FCA urges lenders to support UK\u2019s 47,000 \u2018mortgage prisoners\u2019","date":"November 30, 2021","format":false,"excerpt":"\r Regulator asks banks and building societies to offer support to borrowers unable to switchBanks and building societies have been urged to consider changes to lending criteria to help an estimated 47,000 borrowers who could benefit from a cheaper home loan but are currently unable to move.A review of \u201cmortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18502,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/direct-debit-option-increases-insurance-payments-fca-finds\/","url_meta":{"origin":130058,"position":1},"title":"Direct debit option increases insurance payments, FCA finds","date":"May 11, 2015","format":false,"excerpt":"\r Consumers are not told the higher cost of paying by instalments, the Financial Conduct Authority says, with some being charged interest of up to 75%Consumers who pay for car or home insurance in monthly instalments are being charged interest as high as 75%, according to the Financial Conduct Authority\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21757,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/extension-of-ppi-payback-period-small-comfort-for-customers-hit-by-mis-selling\/","url_meta":{"origin":130058,"position":2},"title":"Extension of PPI payback period small comfort for customers hit by mis-selling","date":"August 3, 2016","format":false,"excerpt":"\r FCA\u2019s decision to move time bar to 2019 still doesn\u2019t address merciless, industrial-scale scamming by banksOn the face of it, drawing a line under the payment protection insurance mis-selling scandal seems a reasonable idea. There can be few consumers unaware of the gigantic scam perpetrated by the big banks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38125,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-considers-1m-compensation-limit-to-increase-protection-for-pensioners\/","url_meta":{"origin":130058,"position":3},"title":"FCA considers \u00a31m compensation limit to increase protection for pensioners","date":"December 14, 2016","format":false,"excerpt":"\r Financial Conduct Authority to review safeguards against risk of financial firms going bust as pensioners favour drawdown products to annuitiesThe maximum compensation someone can receive if an investment company goes bust could be increased from its current \u00a350,000 to as much as \u00a31m, the UK\u2019s main financial watchdog has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26288,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-chief-cautions-over-relying-on-property-to-fund-retirement\/","url_meta":{"origin":130058,"position":4},"title":"FCA chief cautions over relying on property to fund retirement","date":"September 16, 2016","format":false,"excerpt":"\r Andrew Bailey defends pension saving as key part of preparing for old age, countering comments by Bank of England economistBritain\u2019s top financial regulator has launched a staunch defence of pension saving as a key part of preparing for old age, countering comments by the Bank of England\u2019s chief economist\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87089,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-buyers-need-more-help-to-find-cheaper-mortgage-deals-says-fca\/","url_meta":{"origin":130058,"position":5},"title":"UK buyers need more help to find cheaper mortgage deals, says FCA","date":"May 4, 2018","format":false,"excerpt":"\r City regulator suggests making it easier to shop around could save 1 in 3 borrowers \u00a3550 a yearPlans to make it easier for mortgage borrowers to shop around have been proposed by the City regulator, after it found nearly one in three people fail to find the cheapest deal.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130058"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=130058"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130058\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}