FCA and partners join forces to help improve financial security for millions
By FCA
AI summary of the source article
The UK's Financial Conduct Authority is collaborating with industry and consumer groups to expand protection insurance coverage to millions of uninsured adults. Following its Pure Protection Market Study, initiatives will target underserved demographics such as renters, lower earners, and gig economy workers through awareness campaigns and adviser support. The regulator is also holding an industry webinar and TechSprint to foster innovation while reminding firms of their Consumer Duty obligations.