The FCA’s ban on opt-out selling across financial services, and its guidance on supporting informed decision making by add-on product buyers, came into force on 1 April 2016.
The FCA has published 5 short case studies to illustrate the effect of the new rules.
The FCA’s Policy Statement “PS15/22: General Insurance Add-Ons Market Study – Remedies: banning opt-out selling across financial services and supporting informed decision-making for add-on buyers, including feedback on CP15/13 and final rules and guidance” is here. The 5 case studies are here.
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