ABI accuses consumer panel of 'overlooking practicalities' in dual pricing automatic upgrade recommendation
The Association of British Insurers has criticised a proposal from the Financial Services Consumer Panel for an automatic upgrade rule to tackle dual pricing, saying it “overlooks the practicalities of underwriting and product choice.”
The panel, which advises the FCA, on Wednesday published a position paper advocating for “automatic upgrades for customers left in poorly performing products”, which would see customers moved onto
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