Treasury written question – answered at on 30 January 2006.
To ask the Chancellor of the Exchequer
(1) what assessment his Department has made of the effects on consumers of the general insurance regulations introduced in 2005;
(2) what assessment his Department has made of the overall regulatory cost burden on insurance intermediaries following the introduction of general insurance regulation in January 2005.
The FSA commenced regulation of the selling of general insurance in January 2005. The FSA will begin a review of the effectiveness of the general insurance regime in April 2006. This will include seeking feedback from firms and consumer research.
Yes0 people think so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.