UK claims management market facing review by regulator over poor practices
( May 6, 2026, 08:38 GMT | Official Statement) -- MLex Summary: The UK claims management market is set to be reviewed by the financial regulator to look at the causes of poor practices including "aggressive marketing, misleading advertising and unfair exit fees." The Financial Conduct Authority said concerns also included consumers being signed up without their consent or upfront explanations of the implications of signing up. The FCA said it would make recommendations to the government if legislative change was needed. Statement is attached....
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