From January 17, 2005, the Financial Services Authority (FSA) takes responsibility for the regulation of general insurance sales, advice, administration and arranging. The FSA says that among the advantages this will offer consumers is "clearer information…about general insurance policies" through its "key facts" documents.
See article in latest Business Management Review - Issue 96 - 17 Jan, 2005.
Also see FSA site, for more information.
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