First censure from FSA after small firms' probe

Pow, Helen
August 2009
Money Marketing;8/6/2009, p10
The article reports on the public censure imposed by Financial Services Authority (FSA) for Cheshire Life and Pensions Consultants for failing to ensure advice on its income-drawdown products in Great Britain. The company has failed to record enough information about its customer's personal and financial circumstances to support its assessment of suitability. Lesley Titcomb, director for small firms, swears that they will continue to identify firms who fail to treat their customers rightly.


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