FCA urges insurance manufacturers to ensure fair value

During a recent keynote speech at the COVER Protection and Health Summit, Sturley noted the FCA hosted a roundtable earlier this year with a group of manufacturers to understand how effectively they provide oversight of their distributors, and the regulator was pleased with what it heard. However, she said the FCA too often sees examples of where customers are sold unsuitable policies, and where policies are re-brokered unnecessarily.  Sturley said: "You play an important role in overseeing the distribution of your products. How well do you know your distributors? Are they aligned to ...