Why FCA’s premium finance probe fell short
Rebecca Deegan. director of consumer campaign Fair By Design, argues the Financial Conduct Authority premium finance market study stopped short of addressing past overcharging or tackling the underlying incentives that push costs onto people who have the least ability to pay.
The Financial Conduct Authority’s final premium finance study report is one of the clearest acknowledgements yet that the design of the insurance market continues to impose a poverty premium on people
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