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  • Woman's Own

    MONEY MATTERS

    Dec 15, 2020 3 minutes
    WORDS: REBECCA GAMBLE.

    HAVE YOU HEARD?

    he Financial Conduct Authority is T proposing banning insurance companies from charging existing car and home insurance customers more than new ones. The regulator is trying to stamp out the ‘loyalty penalty’, the practice of increasing prices for existing customers every year so that the most loyal customers pay the most for their insurance.

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