The FSA will see "significant progress" in the non-subscription market's drive for contract certainty when it completes the first stage of its review in January, a spokeswoman for the working group has claimed.

Figures compiled by the working party said the market had averaged a 40% compliance rate with the guidelines issued by the group earlier this year.

Only 5% had failed to hit the targets, the spokeswoman confirmed. She said: "Businesses with legacy issues are having the most difficulty."

The FSA has yet to publish levels of compliance it expects the market to achieve by January, saying it would closely monitor progress on contract certainty throughout 2006.