The BBC have released a fairly well informed article on price comparison sites. My only criticism of this piece is the support of the FSA who in my opinion do absolutely nothing!
Worth a read. Or watch via iPlayer.
You may be able to get a quick look at Ernest doing his anonymised interview from the car(!)
A quick pointer to relevant sections:
Time Section
04.10 Central Capital and Totally Money outbounding
06.00 SLM Loans does an unofficial credit check
10.20 Moneysupermarket offers a negative saving
12.05 UnNravelit has no idea
15.00 Who is this insider?
17.20 Moneysupermarket comparison failure
20.05 Simon Nixon cleverly avoids the real question
23.00 ComparetheMarket slammed
24.30 Lord Lipsey (FSA) says very little helpful
27.00 Martyn (Which? Money) has got it right
The Insurance IndustryAn Entrepreneur's Perspective
{ 2 comments… read them below or add one }
“15.00 Who is this insider?”
Looks like you George! And didn’t I see you wearing that jumper the other day
Anyone else find it strange that they kept referring to “price comparison sites” and then said that you shouldn’t compare on price.
The latter point I tend to agree with but it’s easy to see why people focus on price when that’s the name, the role of the site, pushed on them.