View more on these topics

FCA plans review of regulation for price comparison websites

The Financial Conduct Authority will review the regulation of price comparison websites this year as it seeks to tackle misleading consumer information.

In its first annual risk outlook, published last week, the FCA says comparison sites have been a “fundamental driver” in consumers’ focus on headline prices and brands.

The FCA says self-service online models increase consumer information and product choice in core general insurance markets but the focus on headlines distracts consumers from crucial product features such as coverage and terms.

The paper states: “[The FCA] will launch a review of compliance among price comparison firms and potential consumer protection issues these platforms raise.

“As demand for price comparison sites continues to grow, these platforms could increasingly sell complex products that are marketed on price rather than coverage.

“These products may not be appropriate for the mass market, and which may provide a misleading impression of products on offer – consumers may not realise that not all products are displayed on price comparison websites.”

Major online comparison websites are already FSA regulated.


FTB levels down in February, says NAEA

House supply levels increased in February at the same time house hunter and first-time buyer levels dropped, according to data from the National Association of Estate Agents.

Former Fannie Mae exec warns Govt over Help to Buy risks

A former senior executive at US government-backed lenders Fannie Mae and Freddie Mac has warned the Government to approach its Help to Buy scheme with its “eyes wide open” to ensure taxpayers are not left with significant losses.

MS CC Index

Caption Competition

Submit a witty caption for the photo above and you will be automatically entered into our competition. Remember, the funnier it is, the more likely you are to win. What are you waiting for? Email printable captions only to


News and expert analysis straight to your inbox

Sign up