Price comparison sites warned over permissions

The letter contained proposed guidance and highlighted concerns about a lack of permissions held by firms operating sites. The regulator reminded firms to check they hold the correct permissions for their activities and ensure they have not been giving regulated advice without authorization. The FSA said firms using the comparison tools of a third party, called "white label" services, must make clear to customers which firm they are actually dealing with and who to complain to. It also urged firms to check the permissions held by the provider of comparison tools. The regulator a...