Basic Search  |  Summaries  |  Advanced SearchPenalty: £100,000
Year: 2013
Date: 27 November, 2013
Offence Group: financial offences
Offence Type: investor protection violation
Violation Description: Westwood was ordered to pay a £100,000 fine in judgment of a finding by the FCA that the company mis-sold geared traded endowment policies (GTEPs), encouraging unsophisticated investors to invest in products without clearing communicating risks.
Action Type: agency action
Agency: Financial Conduct Authority
Source of Data: (click here)