FSA Fines - how ethical is your insurer?

"Egg used inappropriate sales techniques to try to persuade customers to buy payment protection insurance on their credit card even when they asserted they did not want the cover." 10th December 2008 [read more]

FSA fines Hastings £735,000 for not treating customers fairly

The Financial Services Authority (FSA) has fined Hastings Insurance Services Ltd (Hastings) £735,000 for failing to treat its customers fairly in relation to cancelling around 4,550 incorrectly priced car insurance policies. "It is clear from our investigation that Hastings put its own interests ahead of those of its customers." 28th July 2008 [read more]

Liverpool Victoria Banking Services to pay £840,000 fine plus compensation to PPI customers following FSA investigation

The Financial Services Authority (FSA) has fined Liverpool Victoria Banking Services Limited (LVBS) £840,000 for serious failings in the sale of single premium Payment Protection Insurance (PPI). 30th July 2008 [read more]

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