Protection

Service will be available to advisers without PMI as main focus

'It’s like the old lead generators misrepresenting insurance'

Implementation expectations laid out in advance of the 31 July deadline

'There is certainly the potential for protection to grow'

‘Financial promotions must be fair, clear and not misleading’

The firms’ director may have taken around £2m from clients

FCA said intervention will ensure responsible firms meet cost of redress

FOS has upheld 184 investment and pensions claims against the firm

‘Wholly unacceptable and constitutes serious malpractice’

‘We recognise that some firms need to make significant changes’