Royal London Mutual Insurance Society Limited (Royal London) has been ordered to shell out just over £15.4m by the UK's Financial Services Authority (FSA) for breaching rules related to the sale of its investment products.
The firm must pay £15m in compensation to about 65,000 customers, and has been fined a further £400,000 by the FSA. The firm was also ordered to cover costs for the Personal Investment Authority (P...
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