Category: Blog – Opinion
The proposals set out by the FCA’s final consultation of GI pricing practices mean that existing customers will never pay more for their insurance than new customers.
It’s no secret that the capacity of the mortgage market is under considerable strain at the moment.
Whilst the usual suspects criticised us, when we look back on what we said four months ago there isn’t really a huge amount we got wrong.
The date? 31 January 2020. The time? Late afternoon. The reasoning? As the saying goes, ‘A good day to bury bad news’.
When asked about these general threats, not once have I ever thought one of the major threats was to consumers from their advisers.
There are a number of significant new provisions which ought to make firms sit up and take notice.