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

Wes Streeting launches review into mental health and ADHD 'overdiagnosis'

Wes Streeting launches review into mental health and ADHD 'overdiagnosis'

Overhauling the NHS mental health system

Jaskeet Briah
clock 04 December 2025 • 4 min read
The COVER Review: Budget 25 edition

The COVER Review: Budget 25 edition

Joined by Broadstone's Brett Hill

COVER
clock 28 November 2025 • 1 min read
Budget 25: Maintaining IPT rates a missed opportunity

Budget 25: Maintaining IPT rates a missed opportunity

Rate remains at 12%

Cameron Roberts
clock 27 November 2025 • 2 min read