
Episode 61: Regulatory update – Diversity to de-banking: The FCA's Roadmap for 2024
Financial Services Risk and Regulation Unravelled Podcast
Regulatory update on the availability of guaranteed asset protection insurance products
The chapter discusses the FCA's request for providers to withdraw guaranteed asset protection insurance due to lack of consumer value, with subsequent agreements from providers. Four insurers were permitted to resume sales, emphasizing the importance of fair value and reduced commission levels for improving customer value.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.