Britain’s Financial Services Authority (FSA) is investigating two insurers over failings in their with-profits operations and has warned several others to make changes or face possible fines, it said on Tuesday. Some of the firms did not have adequate governance arrangements for their with-profits funds, while others were not doing enough to help customers understand their policies, the watchdog said.
UK FSA probing insurers over with-profits failings
Most Popular Articles
Latest Articles
2024 is not the year to cut corners on staging — here’s why
With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.