Value for money of financial products was one of the major themes of the regulator’s annual report for 2024, which was published on 20 June.
In 2024, the Financial Services and Markets Authority (FSMA) completed a total of 234 surveys on the value for money of insurance products. Of these, 178 studies focused on class-23 life insurance products, which include structured products. Our research delivers tangible results […] costs are reduced, and expensive insurance products disappear from the market, which is good for the consumer - Jean-Paul Servais For life insurance products, a high reduction in yield (RIY), which repres