Brokers given three months ‘forbearance’ as FCA hits out at insurer fair value delay failures

The Financial Conduct Authority has criticised insurers’ timings on product governance and fair value assessments ahead of the 30 September deadline for them to be in place as it gave brokers a three-month extension under specific circumstances.

from Insurer - insuranceage.co.uk https://ift.tt/O72lv3X