The Financial Conduct Authority (FCA) has officially closed its investigation into Police Mutual - one of six insurers the regulator referred to its enforcement division last year after it found problems with the way they treated their closed-book life insurance clients.
The investigations into the other five - Abbey Life, Countrywide Assured, Old Mutual, Prudential and Scottish Widows - were continuing, the FCA confirmed. The investigation into Police Mutual had been...
New regime rolled out today
Investment in unregulated scheme
From 6 April 2020
At times when scandal tears through the industry, David Boyle believes in the importance of regrouping, learning and making sure all bases are covered with sound due diligence practices
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Introduces drawdown lock
Began career in 1985