Basic Search  |  Summaries  |  Advanced SearchPenalty: £8,373,600
Year: 2014
Date: 7 August, 2014
Offence Group: consumer-protection-related offences
Offence Type: insurance violation
Violation Description: Stonebridge paid an £8.4 million fine in settlement of a finding by the FCA that the company mis-sold insurance products, failing to take reasonable steps to ensure that firms engaged in outsourced phone sales and customer services sold products that were suitable for the customer and treated customers fairly.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
Source of Data: (click here)