Blog: FCA Publishes 5 Case Studies, As Ban On Opt-Out Selling Comes Into Force

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The FCA’s ban on opt-out selling across financial services, and its guidance on supporting informed decision making by add-on product buyers, came into force on 1 April 2016.

The FCA has published 5 short case studies to illustrate the effect of the new rules.

The FCA’s Policy Statement “PS15/22: General Insurance Add-Ons Market Study – Remedies: banning opt-out selling across financial services and supporting informed decision-making for add-on buyers, including feedback on CP15/13 and final rules and guidance” is here. The 5 case studies are here.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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