FCA to clamp down on premium finance outliers in 2024

car-money

Briefing: The Financial Conduct Authority’s head of insurance Matt Brewis has labelled premium finance a “poor product”, and warned the regulator has “talked about it enough”, hinting at potential action surrounding the practice in the next 12 months.

In an exclusive interview with Insurance Post, due to be published next week, Brewis said he “wholeheartedly” agrees with those who label premium finance as a “poverty premium”.

He said: “It is a tax

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Tackling Sexism in the City

Post Podcast: The Financial Conduct Authority is seeking to create a culture in insurance where people can speak up, challenge and be confident the issues they identify will be investigated and addressed.

What a Labour victory means for insurance

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