FCA fines Prudential £23.9m for non-advised annuity sale failures

Holly Roach
clock • 1 min read

The Financial Conduct Authority (FCA) has fined Prudential £23.9m for failures relating to non-advised sales of annuities.

Between July 2008 and September 2017, Prudential's non-advised annuity business focused on selling annuities directly to existing Prudential pension holders. Over the almost-ten-year period, the...

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