Basic Search  |  Summaries  |  Advanced SearchPenalty: £10,500,000
Year: 2012
Date: 15 November, 2012
Offence Group: consumer-protection-related offences
Offence Type: insurance violation
Violation Description: Card Protection Plan paid a £10.5 million fine in settlement of a finding by the FSA that the company mis-sold insurance products by failing to inform customers of duplicated cover and overstating customer liability for risks covered, although with other unfair sales techniques.
Action Type: agency action
Settlement Type: settlement of FSA Decision
Agency: Financial Services Authority
Source of Data: (click here)