Beachcroft calls FSA’s PPI policy statement ‘very bad news’
Law firm Beachcroft has criticised the FSA’s policy statement on payment protection insurance.
As reported on broking.co.uk the FSA has demanded firms implement new measures to protect PPI customers.
Beachcroft claimed there will be widespread disappointment at how little the FSA's approach has changed from the proposals made in March.
Dan Preddy, financial services partner at Beachcroft, commented: "In particular, there will be deep disappointment about the application of standards retrospectively including to sales made before the FSA regulated general insurance mediation and the lack
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk