The FSA has taken a good look at some aggregator sites which has led to comparison websites run by Argos and Google's owned beat that quote agreeing to take their aggregator comparison sites offline.
The website run by Argos and Google owned beat that quote, offer home insurance, car insurance, public liability, loans and life insurance are now undergoing a review before launching.
FSA clearly do not want clients to be misled by the price comparison websites, and one main area of concern was that client may think they were receiving actual quotes rather than just illustrations of what maybe available and with no chance to discuss the facts meaning claims maybe rejected. Cleary claims against compliance firms of their professional indemnity insurances and possible business interruption insurance could be a factor if they advised either beat that quote or Argos regarding the FSA requirement.
