PRA reveals carrier worries on facilities

The head of insurance supervision at UK regulator the Prudential
Regulation Authority (PRA) has said the watchdog would probe deeper
into the impact of facilities on carriers.
The move came after participants in a recent survey expressed
worries about a lack of transparency and the potential for
conflicts of interest.
In a 22 June letter to insurance CEOs, PRA director David Rule
noted that most firms that took part in a recent market-monitoring
exercise "had concerns about changing distribution