Price discrimination and cross-subsidy in financial services

clock • 3 min read

FCA report shows how reducing one form has produced another, says Richard Walsh

At the end of September the FCA published Occasional Paper 22 on price discrimination and cross-subsidy in financial services. It is a good analysis of the subject and worth a read, particularly in the context of Brexit where some EU-driven restrictions may be abolished or replaced with UK-specific ones. Price discrimination happens when a firm charges different prices to different consumers for the same product, or where all consumers are charged the same price but costs differ between consumers - so different consumers face different mark-ups. Currently, there are four key ways ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

1 million young people not in education, employment or training: Milburn

1 million young people not in education, employment or training: Milburn

“Not a record of passivity. It is a record of failure”

Cameron Roberts
clock 29 May 2026 • 2 min read
April IHT receipts down but net widens

April IHT receipts down but net widens

11 months from pensions falling within IHT scope

Jen Frost
clock 22 May 2026 • 3 min read
IPT collects £499m in April 2026

IPT collects £499m in April 2026

Lowest level for April in four years

Jaskeet Briah
clock 22 May 2026 • 2 min read