CPP Ltd have been fined £10.5m fine for the mis-selling of insurance products. The fine has to be paid in instalments. The fine is a joint record for a retail-related offence, on a par with the one slapped on HSBC last December for misselling investments...
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CPP Ltd have been fined £10.5m fine for the mis-selling of insurance products. The fine has to be paid in instalments. The fine is a joint record for a retail-related offence, on a par with the one slapped on HSBC last December for misselling investments to eldery customers. This document contains all the details from the FSA report.
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