FCA ends long-standing customer investigation of Scottish Widows
Case still open on four insurers
The FCA has officially closed its investigation into Scottish Widows - one of six insurers the regulator initially referred to its enforcement division in 2016 after it found problems with the way they treated their closed-book life insurance clients.
Announcing its decision this morning, the Financial Conduct Authority (FCA) said there was "insufficient basis" for taking any enforcement action against Scottish Widows although it added it would be raising...
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