CONC 2.7 Distance marketing - FCA Handbook.
The Financial Services Regulations 2004 state that you can cancel a contract for a financial product within 14 days of buying it, although there are some exceptions.
A firm must ensure that the distance marketing information, the commercial purpose of which must be made clear, is provided in a clear and comprehensible manner in any way appropriate to the means of distance communication used, with due regard, in particular, to the principles of good faith in commercial transactions, and the legal principles governing the protection of those who are unable.
European Communities (Distance Marketing of Consumer Financial Services) Regulations 2004. Identity and main business of the supplier. Geographical address of business and other relevant address. Agent’s or adviser’s identity and capacity in which they are acting (other than supplier).
Contracts relating to financial services to consumers. However, these services are likely to be subject to the information giving and cancellation provisions contained in the Financial Services (Distance Marketing) Regulations 2004 and, where relevant, the Consumer Credit Act 1974 (CCA).
You're entitled to this under the Financial Services (Distance Marketing Regulations) 2004. If you've already made a claim in the first 14 days, your insurance company can deduct the sum paid out from the refund of the premium.
Marketing Commission (DMC) and co-operate fully with their investigations or enquiries. Members must comply with any conclusion reached by the DMC, including any decision to take disciplinary action resulting from a breach of the Code. 4.10. Members must accept the right of the DMA to monitor compliance with the Code through an audit.
S.I. 455 of 2004 - Central Bank and Financial Services Authority of Ireland Act 2003 (Commencement Order) Order 2004; S.I. 727 of 2004 - European Communities (Financial Conglomerates) Regulations 2004; S.I. 853 of 2004 - European Communities (Distance Marketing of Consumer Financial Services) Regulations 2004.