The FSA has banned Lancashire-based broker Neil McKay for cancelling contracts of insurance without client approval.
McKay, of Ideal Insurance Services in Chorley, was also found to have failed to pass premium payments taken from clients on to other intermediaries or insurers as required. In addition, he failed to disclose...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November