Prudential hit with £23.8m fine for inappropriate annuities sales
Insurer Prudential has been fined £23.8m by the UK Financial Conduct Authority (FCA) for selling annuities to customers without informing…
FCA
UK’s FCA fines Standard Life Assurance $38.5m over pension sales failures
The UK Financial Conduct Authority (FCA) has imposed a penalty of $38.5m (£30m) against Standard Life Assurance for wrongly selling…
FCA study finds no competition issues in wholesale insurance brokers sector
The UK Financial Conduct Authority (FCA) has said that its study into competition in the wholesale broking sector has not…
FCA tightens grip on claims management companies
The UK’s Financial Conduct Authority (FCA) has directed claims management companies (CMCs) to be providers of high quality services that…
FCA launches probe into insurance pricing practices
The UK’s Financial Conduct Authority (FCA) has announced a probe into the insurance pricing practices of firms. The move forms…
FCA fines Bluefin £4m for misleading customers
The UK Financial Conduct Authority (FCA) has imposed a fine of £4.02m on Bluefin Insurance Services for misleading customers. The…
FCA to continue investigating five life insurers over customer treatment
The UK Financial Conduct Authority (FCA) will continue an investigation into five life insurance providers, including Scottish Widows, Prudential, Countrywide…