FCA focused on insurance sector with phone fine, says lawyer
The fine handed out by The Financial Conduct Authority to Policy Administration Services, illustrates the regulator’s interest in the insurance industry, a legal specialist has said.
PAS, the insurance administrator for Phones 4 U, was fined £2.83m for poor claims handling, the FCA confirmed today.
Tim Dolan, SJ Berwin financial markets team partner and former member of the
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