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Dual pricing ban 'probably most radical shake-up of GI industry in years': FCA's Woolard

Banned stamp

The Financial Conduct Authority has proposed banning retail motor and home insurance dual pricing in a package of measures designed to enhance competition, give fair value to customers and increase trust.

The watchdog has been investigating the two markets since October 2018 after a super complaint by Citizens Advice.

Its interim report in October last year found that six million customers were paying

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