Consumer Duty Regulations: Proportion, Premiums, Potholes And Protection
Since the summer, it has at times seemed that perceptions of the insurance industry's priorities varied widely and wildly depending on whether you worked within it or not. Many external commentators appeared preoccupied with speculation about whether the new Chancellor of the Exchequer, Rachel Reeves, would increase the rate of Insurance Premium Tax (IPT) to help plug the fiscal 'black hole' which she reported having