WebCitizens Advice, an independent body which helps people with legal, ... said the Financial Conduct Authority should investigate what it called an "ethnicity penalty" in the insurance market. The ... WebContact us. Citizens Information Phone Service (CIPS) is a nationwide service that can be reached on 0818 07 4000, Monday to Friday, 9am to 8pm. Citizens Information Centres …
FCA ‘nowhere to be seen’ as people of colour continue to pay …
WebMar 22, 2024 · As part of a year-long investigation, the charity analysed 18,000 car insurance costs reported by people across England and Wales who came to Citizens Advice for debt help in 2024. It found that, on average, people from ethnic minority backgrounds paid £250 a year more than white people – regardless of gender, age and … WebMar 28, 2024 · Citizens Advice have published a report about the 'ethnicity penalty' that people of colour can face on car insurance. Chief Executive Dame Clare Moriarty said: “It is time for the FCA to lift the bonnet on insurance firms’ pricing decisions and ensure no one is paying more because of protected characteristics like race." phil walmsley
Citizens Advice have... - Citizens Advice Bury & Bolton Facebook
WebMar 21, 2024 · A “shocking trend” of people from ethnic minority backgrounds paying hundreds of pounds a year more for their car insurance than white people has been highlighted by Citizens Advice. As part of a year-long investigation, the charity analysed 18,000 car insurance costs reported by people across England and Wales who came to … WebAt Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. WebApr 1, 2024 · With the cost-of-living crisis disproportionately impacting people of colour, the ethnicity penalty is compounding this problem. Citizens Advice says the FCA needs to step up and take the reins, with monitoring and clear enforcement action if car insurance firms cannot explain these ethnicity pricing differences. phil walkers shoe lancaster ohio