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Insurance

Volume 699: debated on Tuesday 19 February 2008

asked Her Majesty's Government:

What is their response to CRA International's analysis Commercial insurance commission disclosure: Market Failure Analysis and high level Cost Benefit Analysis, commissioned by the Financial Services Authority. [HL1896]

None. This is a matter for the Financial Services Authority (FSA). The FSA commissioned the CRA analysis Commercial insurance commission disclosure: Market Failure Analysis and high level Cost Benefit Analysis as a part of its ongoing review of appropriate commission disclosure on insurance sold to commercial customers. The FSA set out its program of work in this area in its 2008-09 business plan, available on its website at www.fsa.gov.uk/Pages/Library/corporate/Plan/bp2008.shtml.