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13/02/2014
City Regulator Fines Homeserve Over £30m
The Financial Conduct Authority (FCA) has issued a fine of £30.6m against Homeserve, the maintenance company, over historical sales problems.
The City regulator has issued the fine following an 18-month investigation into sales techniques used on elderly people and how the company handled their complaints procedure.
The FCA found that the company had "serious, systemic and long-running failings, extending across many key aspects of its business".
The fine is the largest handed down by the FCA to date.
(MH/JP)
The City regulator has issued the fine following an 18-month investigation into sales techniques used on elderly people and how the company handled their complaints procedure.
The FCA found that the company had "serious, systemic and long-running failings, extending across many key aspects of its business".
The fine is the largest handed down by the FCA to date.
(MH/JP)
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Ofwat Fines Thames Water For Misreporting Information
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