Cassidy Davis welcomes FSA's PPI review
Cassidy Davis Insurance has said that the FSA's latest review of selling standards in the payment protection insurance (PPI) market highlighted the need for a more targeted approach to product design and pricing to ensure consumers' needs are met and the principle of treating customers fairly is achieved.
The FSA's Sale of Payment Protection Thematic Update drew attention to an apparent lack in product development to ensure PPI cover is designed to meet the needs of customers.
Cassidy Davis believed
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