Meerkats and opera singers come under the FSA's spotlight
The FSA's announcement of guidance for aggregators when it comes to treating customers fairly in the selling of general insurance has provoked a flurry of responses from you the loyal reader. Perhaps you're tired of the large opera singer and Aleksandr Meerkat and the opportunity was too good to resist?
For those that missed it, the FSA has written to all "interested parties" to inform them that guidance was on the way because they found there to be "a lack of understanding within the industry generally about the regulated activity being conducted by these firms leading to failures to comply with our rules which could lead to consumers not being treated fairly".
Those "interested parties" have until 8 August to respond.
Read on
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