FCA focus on contracts for difference/Hollowing out in the general insurance market

In this week's episode, we take a look at the FCA's recent activity in the Contracts for Difference market. The regulator's review of the sector unveils some poor practice and sends a warning shot to the market.In the second half of the show, we take a look at new research from Fairer Finance focusing on hollowing out in the general insurance market. A number of pet insurers now have low underlying limits which cap payouts on some of the most common costs. While travel insurers increasingly have high excesses that are barely more than the cover limits. We consider what the regulator could do to reverse the race to the bottom on quality.Email us your questions and suggested topics for discussion to [email protected]