FCA suggests commission cap to solve high-rise property pricing issue
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FCA suggests commission cap to solve high-rise property pricing issue

Luke Harrison
10 May 2022
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The Financial Conduct Authority (FCA) has suggested a cap on broker commissions and government interventions as potential measures to tackle issues in high-rise property insurance pricing.

The suggestions are made in a letter to Michael Gove, secretary of state for levelling up, housing and communities, as part of the FCA’s ongoing review into price escalations and coverage restrictions across medium- and high-rise properties, after the...

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Topics

News Brokers Property treaty Regulation FCA
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Luke Harrison
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