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Theresa May pledges to take action against dual pricing

Theresa May

Prime Minister Theresa May has vowed to take action against companies that impose a “loyalty penalty” on customers.

The government will be enforcing a price cap on the energy sector from this winter, and May suggested that it would not stop there where it comes to addressing “unfair” pricing practices.

In her

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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