tommcruise - shaw capital management fsa:FSA's WP crackdown could hit smaller firms | RedGage

The FSA’s proposed clampdown on insurance firms writing new with-profits business could lead to the closure of smaller insurers, according to the Association of Financial Mutuals. 

Last week, the FSA proposed rules that will mean providers wanting to use capital in with-profits funds to write new business will have to demonstrate it will not erode the value of the fund or cause consumer detriment.