Moved by
Baroness Hayter of Kentish Town
50B: Clause 51, page 31, line 19, at end insert—
“( ) Where the consumer is being supplied with a financial service, the consumer shall be provided with such information as shall enable them to know the risks that were taken into account in calculating the applicable premium and the profit that either—
(a) the financial services company, or
(b) the financial broker,
anticipates to make on that premium if there is no claim on the policy.”